The Employee Provident Fund (EPF) is a retirement savings scheme backed by the Government for all salaried individuals to save a small portion of their income monthly. The Employees’ Provident Fund Organization (EPFO), is the apex retirement fund managing body working directly Under the ministry of labour and employment. The organisation manages EPF in which both employees and employers contribute to the employee’s EPF accounts. As per terms and conditions, employees can withdraw their PF money in case of any emergency or upon retirement.

The Employee Provident Fund (EPF) is a retirement savings scheme backed by the Government for all salaried individuals to save a small portion of their income monthly. The Employees’ Provident Fund Organization (EPFO), is the apex retirement fund managing body working directly Under the ministry of labour and employment. The organisation manages EPF in which both employees and employers contribute to the employee’s EPF accounts. As per terms and conditions, employees can withdraw their PF money in case of any emergency or upon retirement.