Mon, Nov 11, 2024
Compare EPF and VPF to maximise your retirement savings. Learn the features, tax benefits, and potential returns of each scheme with different contribution rates to make the best financial decision
More >
Thu, Apr 04, 2024
The EPF scheme is run by Employees' Provident Fund Organisation (EPFO), which offers a 8.25 per cent interest rate. As per the EPFO rule, an employee can contribute a maximum of 12 per cent of the basic wages+ dearness allowance+ retaining allowance. The employer, meanwhile, also contributes 12 per cent of pay, out of which 8.33 per cent of the pay is diverted to pension fund and the rest 3.67 per cent goes to EPF. EPF is one of the few categories that enjoys the exempt-exempt-exempt (E-E-E) status from the Income Tax Department.
Mon, Mar 21, 2022
Many people often get confused between Employee Provident Fund and Public Provident Fund. It is very important for an individual to understand the basic difference between the two to make better financial choices in life. Here are the basic differences between EPF and PPF.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
