Hey, what is PF and when it is to be dedcuted from the salary?
The Employees’ Provident Fund, India Location : 14, Bhikaiji Cama Place, Bhavishya Nidhi Bhawan, New Delhi-110 066 India e-mail : cpfc-epfo@nic.in The Constitution of India under “Directive Principles of State Policy” provides that the State shall within the limits of its economic capacity make effective provision for securing the right to work, to education and to public assistance in cases of unemployment, old-age, sickness & disablement and undeserved want.The EPF & MP Act, 1952 was enacted by Parliament and came into force with effect from 14th March,1952. A series of legislative interventions were made in this direction, including the Employees’ Provident Funds & Miscellaneous Provisions Act, 1952. Presently, the following three schemes are in operation under the Act: 1. Employees’ Provident Fund Scheme, 1952 2. Employees’ Deposit Linked Insurance Scheme, 1976 3. Employees’ Pension Scheme, 1995 (replacing the Employees’ Family Pension Scheme, 1971 The Employees’ Provident Fund Org
