The three major government-backed retirement plans, Employee Provident Fund (EPF), Voluntary Provident Fund (VPF), and Public Provident Fund (PPF), operate differently in terms of interest rates, taxation, and withdrawal guidelines. Your unique financial objectives, eligibility, and circumstances all play a role in selecting the best provident fund programme. Generally speaking, EPF and VPF are excellent choices for those who are salaried, while PPF is strongly advised for those who are self-employed. In terms of taxation and withdrawal rules of EPF, VPF, and PPF, investors should be much aware of while taking investment decisions, let’s know from our industry experts what they have to comment on this.
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