Voluntary Provident Fund (VPF) – The Safest High-Return Investment
The Voluntary Provident Fund (VPF) is one of the most reliable, government-backed savings schemes in India. It allows salaried employees to invest up to 100% of their basic salary and dearness allowance, above the mandatory EPF contribution. For FY 2024-25, the interest rate is 8.25% per annum, which is higher than most fixed deposits and small savings schemes. Contributions under VPF qualify for tax deductions up to ₹1.5 lakh under Section 80C, while the interest… Read More »Voluntary Provident Fund (VPF) – The Safest High-Return Investment