PF investors, save more by investing in voluntary provident fund
Since interest rates are the same in EPF and VPF, you might see your money grow faster in the voluntary provident fund than your investments in other debt instruments.
Apr 21, 2021, 20:20 PM ISTNew Provident Fund tax rules from April 1: Know how it will affect you
Every month at least 12 per cent of an employee's basic salary and performance wages is mandatorily deducted in the form of Provident Fund. The employer adds 12 per cent from his share. In this fashion, the government wants to limit the high-salaried persons from self contributing more to their Provident Fund accounts.
Feb 21, 2021, 17:06 PM IST