Voluntary Provident Fund Explained ||
Автор: Learn Finance
Загружено: 2024-07-11
Просмотров: 3278
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The Voluntary Provident Fund (VPF) is an extension of the Employee Provident Fund (EPF) where employees can choose to contribute more than the mandatory EPF amount from their salary. Offering tax benefits under Section 80C of the Income Tax Act, the VPF provides a safe and attractive option for salaried individuals to grow their retirement savings with a fixed interest rate. This video will explain the benefits, contribution limits, tax implications, and the process of investing in the #VPF.
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