Your EPF money will be tax free | Details here

If no withdrawal is made prior to retirement, one will be able to avail the benefits of EPS-Pension.

It is essential to ensure a steady flow of income after retirement. Employees' Provident Funds (EPF) offer one of the best retirement plan investment approaches.

Investing in an EPF or popularly known as Provident Fund (PF) can fetch a number of benefits.

PF INTEREST RATE

An interest rate of 8.50 per cent is paid on EPF investments.

There is another benefit that EPF offers is interest compounding.

To simplify this, as the investment grows and gets bigger, there will be higher interest rates.

Any investment up to Rs 1.5 lakh in EPF is tax deductible under section 80C of the Income Tax.