Some of our colleagues were asking us about the VPF (Voluntary Provident Fund).
For the interested people, it is to inform that, beyond the statutory EPF contribution of 12%, one can voluntarily contribute to the EPF fund. This is called VPF. Please remember, no contribution will be made by the employer on this voluntary part. The interest amount on this VPF is same as the normal one. Moreover one can get income tax benefit on this contribution under 80(C).
Employees, who are interested in contributing, may follow the below procedure.
1. Write an email addressing to the Regional EPF commissioner in the email main body. Send the mail to our EPF section aoca3@bsnl.co.in ; one copy to be sent to AO Pay HQ aopayhq@gmail.com.
2. The email must contain all of your service details like, Name; Designation; Mobile No; DoA ; HR No; UAN No; EPF deduction from which year and month; Employer Name etc.
3. Also mention the amount you wish to contribute towards VPF.
4. Specify a date (around 1 or 2 months in advance) from which you wish to deduct.
For any further query, one may contact our EPF section at Telephone Bhavan 7th floor.