Can employer contribute more than 12,

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CHARTERED ACCOUNTANT
298 Points Posted on 26 September 2021
can employer contribute more than 12%to epf
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On 26 September 2021 at 16:51 Report
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The discussion clarifies that employers are legally bound to contribute a fixed rate, typically not exceeding 12%, to the EPF. While employers cannot increase their contribution beyond this limit, employees have the option to contribute more than 12% through a Voluntary Provident Fund (VPF) account. It's advised to confirm the current employer contribution rate with the PF Department.

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GST Practitioner & Accounts
15146 Points Posted on 26 September 2021
No , employer can not contribute more than 12,% , it's fix contribution . however employee can contribute more 12% in VPF account instead of EPF account .
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On 26 September 2021 at 17:45
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CHARTERED ACCOUNTANT
298 Points Posted on 26 September 2021
But i think it is min rate that employer has to contribute
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On 26 September 2021 at 17:47
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GST Practitioner & Accounts
15146 Points Posted on 26 September 2021
You have to check current employer contribution rate fixed by the P F Department and it's minimum contribution is required .Just confirm employer's contribution rate as on today .
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On 26 September 2021 at 17:52
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CHARTERED ACCOUNTANT
298 Points Posted on 26 September 2021
Ok thanks 😊 👍
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On 26 September 2021 at 17:52
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GST Practitioner & Accounts
15146 Points Posted on 26 September 2021
Just confirm with PF department also , can employer contribute more than 12 %.
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On 26 September 2021 at 17:56
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CHARTERED ACCOUNTANT
298 Points Posted on 26 September 2021
Ok i will 👍
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On 26 September 2021 at 17:58
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Consultant
26 Points Posted on 28 September 2021
As per law 12
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On 28 September 2021 at 18:28

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