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They can submit FORM 19 for EPF (Employees' Provident Fund) and FORM 10C for EPS (Employees' Pension Scheme) to the EPFO office in which their EPF account is maintained. [ 14 ] A UAN provided by EPFO is mainly used to track PF balance and PF claim status.
The Regional Provident Fund Commissioner (II) West Bengal vs. Vivekananda Vidyamandir and Others or simply Vivekananda Vidyamandir case, (AIR 2019 SC 1240) [1] was a 2019 Indian Supreme Court decision which laid down the principles on how contributions to Employees' Provident Fund Organisation have to be computed by the employers.
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The Public Provident Fund (PPF) is a voluntary savings-tax-reduction social security instrument in India, [1] introduced by the National Savings Institute of the Ministry of Finance in 1968. The scheme's main objective is to mobilize small savings for social security during uncertain times by offering an investment with reasonable returns ...
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Provident fund is another name for pension fund.Its purpose is to provide employees with lump sum payments at the time of exit from their place of employment. This differs from pension funds, which have elements of both lump sum as well as monthly pension payments.