voluntary ProVIdent Fund (VPF} скачать в хорошем качестве

voluntary ProVIdent Fund (VPF}

voluntary ProVIdent Fund (VPF} aka Voluntary Retirement Fund is the voluntary fund contribution from the employee towards his provident d account. A VPF IS an extension of the EPF The VPF option is available only to salaried individuals who receive their monthly payments through a specitic salary account. Under the VPF scheme, the contributor decides on the amount of fixed contribution that is made towards the scheme ona monthly basis. In a VPH it is a voluntary Contribution with a maximum limit of 100%. The VPF account comes unde ne Exempt-Exempt-Exempt (EEE) category. Therefore, all three i.e., the investment amount, interest, and maturity Sum are tax exempted. However, the benefits come with the following conditions: . Ihe scheme has a loCk-in period or b years. 2. The rate of interest of VPF is decided by the Government of India on a yearly basis. 3. Only indviduals who work for companies that come under the Employees Provident Fund Organisation (EPFO) and have an EPF account are eligible to open a VPE account. Individuals who work Tor unorganized sectors are not allowed to open a vPF account. 4. If the VPk money is withdrawn within five years, you will have to pay tax on the interest amount earned from your contriDution towards the VPE. But you should know other 80C investments are useful in one or the other way. PPF comes under Exempt-Exempt-Exempt (EEE) Category to0. And lax Saving FD and NSC come under the Exempt Taxable Exempt (EIE) category L.e., the interest acCrued or paid Out is fuly taxable. #anushkarathod #finance #taxsavings #investments