To encourage savings among the employees, the Government of India had introduced the Provident Fund Scheme so that they can take advantage of it during retirement. It is a social security scheme.
Employers and employees contribute on a monthly basis. The amount contributed to the Provident Fund (PF) can be withdrawn by the employee only on retirement, except for certain limits.
All employers having PF registration are liable to file PF return every month. Filing of PF return should be done by 25th of every month. Here are some key elements you should know.
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