Is it mandatory for employees to avail the Voluntary Provident Fund scheme?

Created by Product Content Team, Modified on Thu, 19 Jun at 3:10 PM by Product Content Team


No, as the name suggests, Voluntary Provident Fund (VPF) contribution is not mandatory.


VPF is a voluntary contribution made by employees in India to their EPF account, enabling them to add a higher percentage of their basic salary and dearness allowance, supplementing the mandatory contributions made by the employee and employer.


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