VPF – Why Pvt Employees should not forget?
VPF means the Voluntary Provident Fund. This is an optional saving for Pvt Employees. Employees usually save money in EPF ( Employee Provident Fund). In addition, Employees can contribute over and above the fixed limit of 12% in this Provident Fund. The government of India will fix the rate of interest in this Fund. Moreover, in this fund one can contribute up to 100% of ( Basic + D. A). In addition, This P.F is a risk-free and tax-free investment option for Pvt Employees. Moreover, the Employer will not contribute to this Fund. In addition, an Employee can easily transfer …