Public Provident Fund

This query is : Resolved 

14 May 2010 Dear All,

In PPF Employer can contribute on this? There is any problem if contribute?

Pl tell me,

Thanks
Babu

14 May 2010 There is no provision for contribution to PPF by the employer.

14 May 2010 iT WILL BE TAXABLE UNDER HEAD SALARY AS PROFIT LEIU OF SALARY, BECAUSE OBLIGATION OF EMPLOYEE IS MET BY EMPLOYER


14 May 2010 Dear Bansal Ji,

Actually our employees is less than 20 so we decide to contribute ppf/vpf. its taxable. if company give them individually by cheque in his/her ppf account.

or VPF

14 May 2010 Yes it is first add in your salary , afterward You can claim deduction u/s 80 C for it.

14 May 2010 Thanks Bansal Ji,

One more thing, the Voluntary Provident Fund is like PPF.
Can we apply VPF with group.
VPF benefit is applicable only for existing EPF employees.

how to apply VPF


14 May 2010 no idea regarding VPF.



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