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If you are a salaried working professional, Provident Fund (PF) is a scheme for you which is designed in a way to keep aside enough funds for post-retirement phase. The scheme is so designed that the employer as well as employee, both contribute to the same.
The employer needs to register with the Employees’ Provident Fund Organisation (EPFO), a statutory body which particularly administers contributory PF. Since the procedure for the employee starts with a PF Account, and monthly contributions, the investments can be withdrawn at maturity, death of the employee, or at any point before maturity, as the case may be.
If you are someone facing EPFO and PF issues, Online Legal Query experts can assist with the legal procedure and claims, etc.