Fund placed in a provident fund will be managed by an investment management company in accordance with a specified investment policy to maximize the financial ...

EPF is a welfare scheme brought into force to secure a better future for employees. It is a statutory benefit available to the employees post retirement.

Provident funds are retirement savings plans into which employees contribute portions of their salary, similar to Social Security in the U.S..

Financing of Member's Life Insurance Policies. 63. Conversion of Policy into a paid-up one and payment of late fee. 64. Assignment of Policies to the Fund. 65.

The “Provident Fund Act” allows the employer to determine employee's contributions rate into the fund between 2% to 15% deducted from employee's monthly salary.

Power of Central Government to give directions. 21. Power to make rules. 22. Power to remove difficulties. SCHEDULE I. SCHEDULE II.

A provident fund is regulated by the government through the “Provident Fund Act” to protect rights and benefits to which employees are entitled.

The objective of a provident fund is to provide a guarantee to its members and their families in case of members' resignation, retirement, disability or death.

According to the EPF rules, 12 percent of your salary must go towards your provident fund. Your company is also required to contribute the same 12 percent, out ...

Provident Fund (PF) is a retirement savings scheme for salaried employees, allowing them to invest during their career and benefit post-retirement.