I am confused a bit on this , incase any one knows , please share .
What is the return provided on the additional investment in EPF account over and above the mandatory 12% of basic salary ? .
By default one has to invest 12% of his basic salary to EPF account and his employer matches that much amount , but suppose if an employee wants to invest more money in EPF, then employer will not match the additional amount. What is the return provided on this “additional” money ? . I came to know that its equal to PPF account , so it would be 8% , not 9.5% .
Any Idea ?