Employee Provident Fund Scheme

employee provident fund scheme

Employee Provident fund Scheme(EPFS)


 

All Employee will be covered under provision of  the Employee’s provident fund (PF) and Miscellaneous Provisions Act, 1952 and Employee’s Family Pension Scheme, 1971 

Employee’s contribution i.e. 12% of the basic salary which will be deducted from employee’s salary as well as the employer’s contribution i.e.  12% of the basic  part of  salary will  be deposited in the individual’s Provident fund  account as per the above said Act.

All employees will  be covered under the above mention act from the very first day of joining the Organisation.

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