What is the difference between EPF, VPF and PPF? EPF is also referred to as PF stands for Employees’ Provident fund and PPF stands for Public Provident fund. As the name suggests, only eligible employees working in some organisation can subscribe to EPF through their employer, whereas a PPF...
One home, and one app, for all your wealth View, analyse, manage, and invest your and your family's wealth with the all-new Scripbox App. Practical Insights for Wealth Creation Our weekly finance newsletter with insights you can use.
Public Provident Fund (PPF) is a long-term, government-backed small savings scheme of the Central Government started with the objective of providing old-age income security to the workers in the unorganized sector and self employed individuals as they do invest in Employee Provident Fund (EPF)....
Difference Between EPF and PPF Provident Fund is an investment fund, wherein specified individuals can make the contribution, and a lump sum amount which includes the principal and interest thereon is paid to the holder, either on maturity or on retirement.EPForEmployees Provident Fundrefers to an...
s EPF account on a monthly basis. PPF, on the other hand, is not mandated and is maintained voluntarily and can be set up by an individual who may or may not receive a salary. The other major difference is that, EPF can only be withdrawn at retirement or when the person leaves their...
The difference between ELSS and PPF is that while ELSS is a diversified equity fund, PPF refers to a long-term savings instrument. These two are different tax efficient schemes which are opted by the assessee to save their taxes.
Difference between NRE and NRO account? NRE Account:In an NRE account, your funds in foreign currency are converted into Indian rupees, at the rate prevailing at the time of transferring the funds from the account. The principal as well as the interest is freely repatriable or can be transf...