Voluntary Provident Fund, Difference between EPF and PPF
Voluntary Provident Fund, Difference between EPF and PPF
Apr 28, 2020
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More returns than FD & no tax 🤩 📍VPF is a tax saving alternative under the EEE category (Exempt on contribution, Exempt on interest/return & exempt on maturity) 📍It is managed by goverment of India and earns set interest so it is seen as a risk free investment 📍 Currently the interest rate on VPF is 8.1% which is higher than other government schemes like PPF, SSY, etc and higher than most leading bank FDs 📍VPF is an extension of EPF. So, salaried employees having an EPF account qualify for
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