Provident FundĀ is a contribution-based savings programme where both the employee and the company pay to construct a monetary reserve to cater to post-retirement demands.
EPF Account Transfer Latest News: To transfer the PF account online, the old and new employers should both be able to initiate the transfer process through the unified Member e-Sewa portal. aaa
Provident Fund Withdrawal Guidelines: PF account holders who withdraw their EPF before 5 years of account opening are subject to income tax on the withdrawal amount.