No, the VPF and Employee Provident Fund (EPF) are accounted for automatically in the tax calculation. There is no need to submit proof for VPF.
VPF, or Voluntary Provident Fund, is an extension of the Employee Provident Fund (EPF), allowing employees to contribute extra amounts towards their retirement savings.
These voluntary contributions earn the same interest rate as the EPF, providing employees with long-term financial security and savings for retirement.
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Related Links:
❓FAQs- To read more FAQs about the VPF, click here.
📃Documentation- To read more about the VPF, click here.
▶Video- To watch videos on the ESS Manager portal, click here.
📢Product Update- To read about the product update, click here.