Day: June 15, 2021

EPFO Advance PF Withdrawal: Rules, process, amount, percentage, claim status, form 31 and more provident fund related details

Employee Provident Fund (EPF) is a government-backed scheme and is a compulsory deduction for salaried employees. It is a fund to which both the employee and employer contribute 10 per cent of the employee’s basic salary each month. Earlier this percentage was 12 per cent for private organisations. The employer and employee deposit their contribution