What is the role of the Employee Provident Fund (EPF) in India?

Legal question and answer by best advocates
"A user submits a question, and a response is provided, displayed in a two-row format with the question and answer clearly separated."

Question Icon

Question

Q: What is the role of the Employee Provident Fund (EPF) in India?

Answer

A:

EPF is a retirement benefit scheme where both employee and employer contribute a percentage of the employee's salary to a fund managed by the EPFO.

.

By Advocate BK Singh

(Delhi High Court)