Speaking on the PPF vs VPF Kartik Jhaveri, Manager — Wealth Management at Transcent Consultancy said, "EPFO is mandatory while PPF is voluntary. But, for those who are investing in PPF for retirement ...
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 ...
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, ...
VPF is the voluntary contribution by employees towards their provident fund account over and above the 12% contribution towards EPF. The maximum contribution allowed under VPF is up to 100% of the ...
With interest rates on fixed deposits remaining low and the government gradually lowering the interest rate on small savings schemes like public provident fund, VPF or Voluntary Provident Fund remains ...
Choosing the right retirement planning scheme is a crucial decision that can significantly impact your financial future. Among the various options available, the National Pension System (NPS) and ...
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 ...
When it comes to retirement planning, one of the safest and most effective tools for private-sector employees is the Voluntary Provident Fund (VPF). This savings option allows employees covered under ...
The Public Provident Fund (PPF) and the Voluntary Provident Fund (VPF) are robust financial instruments provided by the Government of India, to help you save for retirement. However, many of us get ...