One of our employee would like to contribute more amount to provident and would like to get tax benefit as per the below article -
PF tax-exemption limit hiked to Rs 5 lakh, only these employees stand to benefit
Read more at:
Is this true?
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hi
Maximan VPF contribution can be done only upto 100% of basic & not more than that.
& employer should not entertain discontinuation till the exit.
rgds
murali
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