Provident Fund guide: What are EPF, VPF and how to check your PF passbook
New Delhi, June 6 -- Provident Fund (PF) is a one of most important long-term savings and retirement option which is subscribed by millions of salaried employees. Contributions made through the Employees' Provident Fund (EPF) helps in building a retirement corpus while earning a interest rate decided by the government.
Apart from EPF, employees can also choose to make additional contributions through the Voluntary Provident Fund (VPF). Keeping a track of these investments is easier through the PF passbook, which gives a snapshot of the deposits, interest credits and account balances. Here's what you need to know about EPF, VPF and PF passbooks.
In this savings scheme, an employee contributes 12% of their basic salary and dearness allowa...
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