Unlike a few PF schemes where employers and employees contribute a small portion to the funds, in the VPF, employers are under no obligation to contribute. Only an employee will contribute a portion of their salary towards the scheme.
EPF Form 11 is a self-declaration form the employee must fill out and submit while joining a new organisation registered under the EPF Scheme of 1952.
Saving schemes are one such investment method offered by the government of India, banks, or financial institutions to support you in handling your money. This article will give you an overview of various saving schemes available for Indian citizens and their importance.