Currently, my employer deducts a basic amount from my pay for contribution toward EPF. I have voluntarily increased my share. I want to know if I can deposit a lumpsum into this account. If so, what is the process?
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ByNo you cannot. You have to do this as part of your deductions from company.
You can request upto 100% of your basic salary into EPF. This can be changed every year or as per your company guide guidelines.
Dheer
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