What is Voluntary Provident Fund? Voluntary Provident Fund, also known as Voluntary Retirement Fund, is the scheme through which employees can make a voluntary contribution towards their Provident ...
The three major government-backed retirement plans, Employee Provident Fund (EPF), Voluntary Provident Fund (VPF), and Public Provident Fund (PPF), operate differently in terms of interest rates, ...
Better returns are always welcome, which is why investors look for ways to earn more on their investments. Salaried employees looking for risk-averse investment options to grow their money prefer ...
Voluntary Provident Fund (VPF) facility is available to salaried employees wherein they can contribute more than 12% of the Basic Pay+Dearness Allowance (DA) towards their EPF accounts. Employees are ...
PPF vs VPF: When it comes to tax-saving options, people have a number of schemes to invest their money, reduce taxable income and ultimately save tax. Of all the existing options, only a few fall ...
Whether you're in a government job or working in the private sector, a question must be coming to your mind: which is better, VPF or GPF (VPF vs GPF Comparison)? Both are provident funds, but their ...
VPF is classified in the exempt-exempt-exempt (EEE) category A higher rate of return simply translates into higher interest earnings. Only a tax-saver FD can help you avail of the income tax benefit ...
Salaried professionals planning for a financially secure retirement often rely on structured savings schemes, and among the most prominent are the Employees' Provident Fund (EPF) and the Voluntary ...
Only 12 per cent of basic salary can be contributed to EPF. But, there is no limit for investing in VPF (Voluntary Provident Fund). Meaning, if the employee increases his contribution to the provident ...
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