Guest (n/a) 16 November 2008
Shree. ( Advocate.) 16 November 2008
The employee has to contribute 12 percent of his Basic salary to EPF. The employer has to match this contribution from his side. If Employee contributes more than 12% then employer is not obliged to make equal contribution but restricted to 12% of the employees salary only.
Manish Singh (Advocate) 17 November 2008
Shree is absolutely right but the contribution is done on wages which includes Dearness allowances or retainership allowance if any. here deraness allowance also includes HRA, food concession.
ofusandeep (n/a) 01 December 2008
Is it legal for the employer to add the PF contribution to CTC.... and if the employee does not wish to keep PF contribution as a salary component- then the same is given to him as PF allowance (taxable)... the basic question is the companies contribution should actually be the company's contribution and not a contribution from the employees own salary.
ofusandeep (n/a) 01 December 2008
Is it legal for the employer to add the PF contribution to CTC.... and if the employee does not wish to keep PF contribution as a salary component- then the same is given to him as PF allowance (taxable)... the basic question is the companies contribution should actually be the company's contribution and not a contribution from the employees own salary.
Suresh C Mishra (advocate) 11 September 2009
12 % of the wages paid is the limit of employer contribution in India .
PBS KUMAR (HR - PROFESSIONAL) 24 April 2012
Dear Experts,
If the Employer wants to contribute his contribution more than the Employees contribution permissible ?
Please give your reply with PF Act Sections. URGENT please.
Regards,
PBS KUMR