Voluntary Provident Fund (VPF): An Attractive Savings Option Complementing EPFO
For salaried individuals in India, the Employees’ Provident Fund (EPF) is a cornerstone of retirement savings. Under EPF regulations, both employees and employers contribute 12% of the employee’s basic salary and dearness allowance (DA) to the Provident Fund account. At present, this investment yields an interest rate of 8.25%, which is higher than many other … Read more