Securing Hannav Ledger...
Securing Hannav Ledger...
Glossary
VPF allows an employee to voluntarily contribute more than the mandatory 12% of basic salary to their EPF account, earning the same interest rate.
Extra, optional savings added to your PF account, earning the same good interest rate.
Contributions can go up to 100% of basic salary plus DA; interest above ₹2.5 lakh combined EPF+VPF contribution in a year is taxable for the excess portion.
An employee contributing an extra ₹10,000/month via VPF earns the same EPF interest rate on that additional amount.
Extra, optional savings added to your PF account, earning the same good interest rate.
Voluntary Provident Fund (VPF) helps you evaluate products, compare options, and make informed decisions aligned with goals, tax rules, and risk tolerance in the Indian financial system.