Provident Fund

This query is : Resolved 

09 May 2008 Can employer deduct PF more than 12% from ours salary ours own wish
e. g if we deposited pf 20% can it possible

09 May 2008 Yes. Any contribution over and above prescribed limit is known as "Voluntary Contribution" by the Employee. Of course, Employer has no obligation to provide his matching contribution for the Employee's Voluntary Contribution.

From practial point of view, it is not advisable to opt for Voluntry Contibution to Provident Fund



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries