I am a senior citizen working in a private company after superannuation from government service. Rupees 1200/- is deducted from my basic towards EPF.
I want to get 12000/- deducted per month from my basic pay for contribution towards EPF so that I can get tax rebate and interest. Please guide me whether there is any legal bar to:
1. Interest on the increased amount of contribution, and
2. Increased amount of EPF contribution.
I want to get 12000/- deducted per month from my basic pay for contribution towards EPF so that I can get tax rebate and interest. Please guide me whether there is any legal bar to:
1. Interest on the increased amount of contribution, and
2. Increased amount of EPF contribution.