The Voluntary Provident Fund (VPF), also known as the Voluntary Retirement Fund, is the employee's voluntary contribution to his provident fund account. This contribution is in addition to the employee's 12% contribution to his EPF. The maximum contribution is 100% of his Basic Salary and Dearness Allowance. The interest rate is the same as the EPF rate. Employers are not required to contribute to their employees' VPF portfolios. Similarly, an employee is not required to contribute to the plan. Once a contribution has been selected in VPF, it cannot b...
Read More- Home
- Find a Lawyer
- Understand the Law
- Accidents & Injuries
- Business & Employment Law
- Constitutional law
- Consumer
- Court Laws
- Criminal Law
- Environmental and Natural Resources Law
- Family Law & Divorce
- Human Rights Law
- Immigration
- Information Technology Law
- Intellectual Property Law
- Product Liability Law
- Real Estate Law
- Regional Law
- Tax Law
- Transportation Law
- About Us
- Blog
- Contact Us
- Sign In
- Register