Hi,
How much additionally can a employee contribute to PF beyond mandatory limit?
Is there changes to this contribution in the new Wage codes?
Hi,
How much additionally can a employee contribute to PF beyond mandatory limit?
Is there changes to this contribution in the new Wage codes?
Hi Manjunath,
You can contribute additional PF to the extend of your Full Basic= EPF of 12% + left out amount of basic can be contributed in VPF account.
As per new wages code nothing is so clear as of now so, cannot comment on it.
Regards
Arpana
Thanks @Arpana . I will wait for updates on wage code.