EPF PPF VPF Retirement planning has become the most talked about topic among people as young as 25. With so many investment options (Mutual Funds, Equity, ULIPs, NPS, Post office schemes, PPF, EPF etc.) coming up, it is becoming more difficult for youngsters to zero in on the most suitable retirement option. Going by the low risk average return (and vice versa) rule, the young population considers it wise to prefer EPF, VPF and PPF over all other options for investment/retirement. Let us understand why: EPF, VPF and PPF: The Basics EPF (Employee Provident Fund) – It is a provident fund created with a purpose to provide financial security and stability in future. Under this plan employees a save fraction of their salaries every month so that they can use it later at the time of retirement. It is mandatory for salaried people working in organizations registered under the Employees’ Provident fund Organization (EPFO) to contribute either 12% of their Basic + Dearness Allowance...
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