How Can We Handle an Employee's Request to Lower PF Contribution Without Altering CTC?

One of our associates is requesting to reduce his employer's PF contribution for more take-home. We cannot revise the CTC structure for this one associate alone due to our internal policy. Is there a way to address this request without changing the CTC structure?

Statutory Regulation and Employer Discretion

We would also like to know the statutory regulation part of this request. As an employer, should we honor this kind of request? Or is this at the company's discretion?

Looking forward to your advice and suggestions.

EPF Contribution Regulations

EPF contribution can be fixed at ₹15,000, and if it is currently above ₹15,000, then it may be fixed on a written request from the employee. However, to avoid any complications going forward, it would be advisable to make any decisions regarding the contribution for March payable in April (EPF financial year is from March to February for contributions).

PF Contribution Limitations

PF contributions that are paid on amounts below ₹15,000 cannot be reduced except in cases of absence.

Balancing Policy Matters

Balancing policy matters is a discussion between the employee, HR, and the employer.