Dear Payroll & HR experts:
How can we show increased employee PF contribution in the ECR upload process?
IF the employee is on a higher pay bracket and wants to increase his PF contribution, can we increase it ? If so how do we show this increase without affecting the ECR validation process in the ECR tool.
Thanks
Prem
+8746982307
Today From India, Bengaluru
Employee Contribution to Provident Fund and ECR upload process
Premanand Krishnamurthy
Employee PF Contributions: Employees Can Exceed 15K INR Limit; Employers Cap at 15K. Check Local Office for 12%+. An individual inquired about increasing employee Provident Fund (PF) contributions in the Electronic Challan cum Return (ECR) upload process for employees in higher pay brackets without affecting the validation process. A respondent clarified that employees can contribute above the standard limit of 15,000 INR, while employers are obligated to contribute only up to this limit. It was suggested to check with the local PF office for contributions exceeding 12%. The inquirer acknowledged the advice and planned to investigate the ECR validation process further. (AI Summary)