HI Just want to know is VPF & PPF one and same or different. How can I go for a VPF.. can any one explain?
From India, Thane
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From India, Thane
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am sure u want to know about EPF (Employee Provident Fund) & PPF (public provident fund) regarding this many have given details already pls use the research option....
From India, Hyderabad
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4From India, Hyderabad
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Dear Srinivasa,
VPF and PPF are both different. If you are working under one organization, then you are eligible for EPF or VPF. If you are not working and you want to contribute towards PF, then you can go for PPF.
Regards,
Murali Chunchu.
From India, Hyderabad
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VPF and PPF are both different. If you are working under one organization, then you are eligible for EPF or VPF. If you are not working and you want to contribute towards PF, then you can go for PPF.
Regards,
Murali Chunchu.
From India, Hyderabad
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VPF and PPF are different.
Voluntary Provident Fund allows an employee to contribute towards his/her PF account more than 12%. In VPF, the employee can contribute up to 100% of his basic + D.A., but the employer will not match up to the contribution of the employee; the employer will stick to 12%.
Public Provident Fund is a saving tool, a tax-free investment option, and a better retirement policy for those who don't have any pension scheme enrolled. Basically, any person above 18 years of age may open this account in a post office, SBI, or any nationalized bank. You don't require to be employed; you may be a businessman, consultant, etc. The minimum deposit is 500/-, and the maximum is 100,000/-. You can also have a loan against the PPF account subject to a certain percentage of the deposit in the account.
From India, Calcutta
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Voluntary Provident Fund allows an employee to contribute towards his/her PF account more than 12%. In VPF, the employee can contribute up to 100% of his basic + D.A., but the employer will not match up to the contribution of the employee; the employer will stick to 12%.
Public Provident Fund is a saving tool, a tax-free investment option, and a better retirement policy for those who don't have any pension scheme enrolled. Basically, any person above 18 years of age may open this account in a post office, SBI, or any nationalized bank. You don't require to be employed; you may be a businessman, consultant, etc. The minimum deposit is 500/-, and the maximum is 100,000/-. You can also have a loan against the PPF account subject to a certain percentage of the deposit in the account.
From India, Calcutta
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Amendment to Public Provident Fund Scheme 1968 (PPF 1968).pdf
Provident fund.zip
PROVIDENT FUND.rar