Voluntary VPF Provident Fund | Personal Finance | Sarthak Ahuja

#Shorts #PersonalFinance #ProvidentFund #VoluntaryVPF

Voluntary Provident Fund (VPF)

VPF is available to salaried employees who already have an EPF account, and can be used if they want to invest more than 12% of their basic salary into the PF fund

The amount of investment can be maximum of 100% Basic Salary and DA.

A fixed amount is deducted on a monthly basis and it can be withdrawn at the time of retirement. Partial withdrawal may be allowed earlier in specific cases.

The return is the same as on an EPF account and can be transferred when one changes employment.

------------------------------------------------------------------------------------------------------------------------
Click here to subscribe to my YouTube channel: https://bit.ly/3cpTleK
-------------------------------------------------------------------------------------------------------------------------

Like, Share, Subscribe for more!

Follow me on my other social media handles for all updates, events and live sessions-
Instagram:   / casarthakah.  .
LinkedIn:   / sarthak-ah.  .
Website: http://www.casahuja.com/
-------------------------------------------------------------------------------------------------------------------------

A Chartered Accountant with about 10 years of experience in areas of Tax Advisory, Startup Consulting, Fundraising, Audits, Deal Advisory, Business Modelling and contract CFO services.

Winner of the ISB Young Leader Award 2017 and the Best All Rounder, PGP Class of '17, Sarthak has also been published about in the leading financial newspapers such as The Financial Express as possibly the youngest Indian to have completed the courses of CA, CS and CMA along with a graduate degree in Financial & Investment Analysis from University of Delhi, all by the age of 23 years.