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Updating the vpf and vpis

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The rate of interest for VPFs is the same as EPFs and is 8.75% for the current fiscal, 2014-15.

However, interest rates on provident fund schemes is decided by the government every year.

If you are a salaried employee and looking for a safe and secure investment with assured returns, then you do not even have to step out of your office.

You can invest in Voluntary Provident Fund (VPF), which gives the same returns as your Employee Provident Fund (EPF) and a tax-free income to boot.

One can contribute more through VPF by intimating the employer.One of these is identified as an interim option, namely: updated WTP values from the RTA NSW study.In scoping a national WTP study for Australia, the following components were identified: survey/experiment design, pilot study, data collection and analysis, model estimation and project management.Interest rate: The interest rate for PPF is declared every quarter and is linked to yields from government securities of similar maturity, along with a mark-up of 0.25 percentage point.The interest rate for VPF/EPF is declared by EPFO at the end of the year.However, in view of the difficulties experienced with stated preference techniques in the valuation of life, it is clear that an urgent reappraisal is needed of revealed preference techniques if people’s safety is to be safeguarded adequately. American Journal of Industrial and Business Management, 4, 442-473.