Dear All,
Kindly let me know the maximum limit of the voluntary provident fund one can make from the employee's side. As we all know, the mandatory contribution is 12% of the basic salary. How much more can one contribute?
Please help me out...
From India, Pune
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Kindly let me know the maximum limit of the voluntary provident fund one can make from the employee's side. As we all know, the mandatory contribution is 12% of the basic salary. How much more can one contribute?
Please help me out...
From India, Pune
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Dear Shalini, Upto 90% of basic + da salary (on which PF contribution made) can be done by PF Act. Regards Prashant Patil
From India, Nagpur
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8From India, Nagpur
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Hi...labour laws are written in section..not in articles....VPF is completely voluntarary....
From India, New Delhi
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From India, New Delhi
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Dear Please correct me if I am wrong, but in my opinion, the maximum you can contribute in VPF is 8% of (Basic + DA) i.e. {12% mandatory + 8% VPF = 20%} dsv
From India, Delhi
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From India, Delhi
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Hi,
The maximum limit for Voluntary Provident Fund (VPF) is 12%. Individuals who contribute more than this limit may encounter difficulties during withdrawal.
Thanks,
Mehul K.
9892188218
www.ServeHRindia.com
From India, Pune
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The maximum limit for Voluntary Provident Fund (VPF) is 12%. Individuals who contribute more than this limit may encounter difficulties during withdrawal.
Thanks,
Mehul K.
9892188218
www.ServeHRindia.com
From India, Pune
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Hi, if an employee would like to contribute to the Voluntary Provident Fund, he can do so up to a maximum of 12% on his basic salary + DA. However, there is no obligation on the part of the employer to contribute to the VPF opted by the employee. The employee has to give his consent for VPF, and the same has to be forwarded to EPFO for processing.
From India, Hyderabad
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From India, Hyderabad
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Provident Fund - Excluded Employee - Definition.pdf
What is Employee Provident Fund.docx