Sociology, asked by vinaysamnotra23, 5 months ago

what is provident fund..??​

Answers

Answered by Anonymous
5

Answer:

A provident fund is a government-managed, mandatory retirement savings scheme used in India, Singapore, and other developing nations. ... A worker gives a portion of his/her salary to the provident fund, and an employer should make a contribution on behalf of the employees.

Answered by bbhgiri14
4

Answer:

Employees Provident Fund (EPF) is a scheme in which retirement benefits are accumulated. Under the scheme, an employee has to pay a certain contribution towards the scheme and an equal contribution is paid by the employer.

Explanation:

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