Dear All,
Greetings for the day!
I am HR Executive , our employees are interested to contribute towards Voluntary PF Contribution.
Can any one clarify on the below points
1. Max limit of PF contribution towards Voluntary PF Contribution is 88% on Basic
so if employee want to contribute can they contribute less than 88%.
2.How the administration charges will be calculated
3.what is the process to start contributing the voluntary contribution
4. At present 12% employee Contribution so this 88% +12% can they contribute that comes to 100% of there basic.
Please provide the information.
Thanks & Regards,
Pourna.
Greetings for the day!
I am HR Executive , our employees are interested to contribute towards Voluntary PF Contribution.
Can any one clarify on the below points
1. Max limit of PF contribution towards Voluntary PF Contribution is 88% on Basic
so if employee want to contribute can they contribute less than 88%.
2.How the administration charges will be calculated
3.what is the process to start contributing the voluntary contribution
4. At present 12% employee Contribution so this 88% +12% can they contribute that comes to 100% of there basic.
Please provide the information.
Thanks & Regards,
Pourna.