Provident Fund

Provident Fund

Provident Fund Provident fund is regulated by the Employee Provident Fund scheme, 1952. is one of the primary savings schemes for people working in government, public or private sector organizations in India. Provident fund is a welfare scheme for the benefits of the employees. Under this scheme, both the employee & employer contribute their part but the whole of the amount is deposited by the employer. The Fund shall vest in, and be administered by, the Central Board constituted. Applicabil ...