Comparive analysis of PPF v/s VPF

This query is : Open

Rishi Gupta (Querist)
Follow

02 February 2009 Could you please tell me which one is better and why.PPF is public provident Fund gives 8% p.a lock in 15yrs and voluntary Pfovident fund gives 8.5% interest and I think both are tax free.

Can anybody give more light on these for Tax purpose u/s 80C.

CA. B.SRINIVASULU

CA. B.SRINIVASULU (Expert)
Follow

02 February 2009 In ppf any person can invest.

Whereas VPF can be paid by an employee who is already covered by PF.

For tax purpose both are same.

But for withdrawal, the period is 15 years in the case of ppf and in the VPF it can be encashed alongwith pf when the person resigns from the job.

Rishi Gupta

Rishi Gupta (Querist)
Follow

03 February 2009 thanks for reply...

I am a salaried employee. I want to invest in risk free avenue. I just want a expert opinion which one i should opt.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Rajasekar

RAVINDRA KUMAR

ashvini tripathi

CA.Pinank Arvindbhai Shah

Shantaveeresh Manur

Subscribe Now

Comparive analysis of PPF v/s VPF

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA