DizzyBurrito

PF can be reduced from 12% to 1800 as per EPFO?

I am changing my regime this year and don’t want to continue to invest 12+12% of my basic but my organisation is not allowing it, is this possible as per EPFO and has anyone did this in past in their organisation.

Yes

18 votesexpired

1mo ago

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SnoozyWalrus

Accenture1mo

I believe the PF contributions cannot be reduced, so if you are contributing 12% you won't be allowed to reduce it to 1800 as long as you are in Accenture

ZoomyMuffin

Stealth1mo

Haven't been allowed by any of my employers yet. But don't know the rule completely.

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IT Company Discussion11mo

by WigglyBananaSolution Architect

Should i keep Rs. 1800 as fixed PF amount or go back to 12% of Basic Pay as PF?

Requesting assistance on choosing Rs. 1800 as PF amount or 12% of basic pay as PF. I know 12% of basic pay will also increase employer's share and it is good but any other thoughts and benefits with Rs. 1800 option?

P.S. i am in 30% tax...