i am 25 years old and newly landed in job; our concerned organization is going to deduct PF. whther i can maintain both PF and PPF account simultaneously.
RE:PF & PPF
by vivek sharma on Jan 18, 2007 06:44 PM Permalink
Contribution to PF is mandatory and as a rule, 12% of your basic salary goes to the fund every month. you don't have to maintain this account,your employer and PF trust take care of that. As for PPF, you may go ahead with it. It is a good option as there is a huge flexibility on the annual amount to be deposited. this option is not available with any insurance plans or SIPs
