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what is VPF

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(Querist)
26 August 2010 Sir,
plz guide me about VPF. what is this ?
& refer me income tax section & its rule

thanx
ram prakash gautam
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SANDEEP AGGARWAL

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SANDEEP AGGARWAL (Expert)
26 August 2010 it is voluntary contribution to PF account in addition to your normal contrabution to PF. It is considered for Deduction u/s 80(c) i.e. upto 1,00,000/- re saving and interest earned on VPF is tax free.

Regards,

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