Can employees contribute more than 12% of PF wage (wage limit is 15K) and what is the max EPF contribution allowed by employees without joining VPF. Employer has not commitment more than 12% but what about employee if insists to do so to save income tax?
Max is 12% without joining VPF. If an employee insist to deduct more EPF then please inform them 12% is maximum as per EPF act. If they need to save income tax then they can opt for VPF [No other option] upto their basic-EPF of 12%.
I hope I have answered your query.