Additional voluntary provident fund contributions may be made by employees, with optional employer matching and administrative charges. Employees may make additional voluntary provident fund contributions on wages above the statutory ceiling, or at a higher rate, and the employer must remit them through the Electronic Challan-cum-Returns. The employer may choose to make a matching contribution but is under no obligation to do so. Additional administrative charges are payable on wages on which voluntary contributions are made, and either party may reduce or stop such contributions at any time.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Additional voluntary provident fund contributions may be made by employees, with optional employer matching and administrative charges.
Employees may make additional voluntary provident fund contributions on wages above the statutory ceiling, or at a higher rate, and the employer must remit them through the Electronic Challan-cum-Returns. The employer may choose to make a matching contribution but is under no obligation to do so. Additional administrative charges are payable on wages on which voluntary contributions are made, and either party may reduce or stop such contributions at any time.
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