Funny how such a big organisation like the PF authorities do not need to do any mark to market but are ocassionally given some higher (tax free) interest credits. The other advantage is interest once credited, it cannot be taken back.
If you have money put more in VPF has been my call (for those who like debt, I do not). Politically they will NEVER PAY LESS IN VPF than PPF – and if you have an accumulation of Rs. 50Lakhs in VPF, 1.5% is not a small amount, is it?
So if you are lucky and have a VPF, like debt and you are about 40 years of age, put more in VPF. During this year REDUCE your PPF contribution to Rs. 1000 AND pump up your VPF.
a short post..as an intervention..thanks.
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