1. #1
    Unregistered

    EPF and VPF percentage going to be increased in 2013?

    Just heard from one of my colleague that the EPF and VPF percentage is going to be increased in 2013 with some new policy. Is that true? Can you tell me what will be the major difference for it? Is it good in increasing the percentage? Because now we will get less salary because of this.

  2. #2
    anupsahu Array
    Join Date
    Apr 2013
    Posts
    106

    Re: EPF and VPF percentage going to be increased in 2013?

    Hi,

    There is no provision yet paased by the goverenment , so you no need to worry. EPF is 12 % of your Basic Salary as of now and it will remain same for the current year. VPF is cut only when employees make a request with EPF its a extra amount you can say to your comoany for cutting for saving your taxes. As under 80C you can invest 100000 which includes EPF , VPF , LIC etc..

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