Voluntary PF - Provident Fund

slamba_009
Dear All
Kindly let me know the maximum limit of the voluntary provident fund apart from 12% mandatory PF.
saswatabanerjee
As per payment of wages act, maximum amount of deduction allowed from gross salary is 50%
So your PF contribution and all other deductions together can not exceed 50% of gross wages
sandeep_dagar
As per the payment of wages act 50% of deductions can be made in the form of Fines, damages to or loss of goods, house accommodation by employer, recovery of advances, payment of any premium of insurance policy etc. but the employee can contribute his 100% of basic & D.A. as VPF.
varghesemathew
The above restriction is not applicable to a case where the salary of person is above Rs 18000/pm. For them any amount can be contributed to EPF But % will remain as 12.
varghesemathew
For a person with monthly salary above Rs 18000/- the above limitation is not applicable..But % can be above 12 for employees but employer's need not contribute equal amount.
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