I am working in a PSU and receiving salary arrears due to a recent wage revision. I had earlier opted for a 20 percent VPF in addition to a 10 percent compulsory PF from the basic salary. Now my question is, will VPF be deducted from arrears as well (the increased basic salary) in addition to PF? I mean, will PF plus VPF (30 percent in total) be deducted from arrears, or will it be just 10 percent? I do not want VPF to be deducted as my arrear amount will become negligible then. Please reply urgently.
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Is your PF with Employees' Provident Fund Organisation or with the government? In the former case, I believe the contribution is 12% and not 20%. If the higher contribution has been in effect from the date from which the arrears are payable, then you will have to contribute at 20% on arrears as well.
Madhu.T.K
From India, Kannur
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4556Madhu.T.K
From India, Kannur
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