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Question : 43 of 100
Marks:
+1,
-0
Solution:
- EPF:
- Employees Provident Fund (EPF) is a post-retirement savings scheme that is available to all salaried employees.
- This fund is maintained and run by the Employees Provident Fund Organisation of India (EPFO).
- Employees Provident Fund Organisation is a statutory body.
- The organization is under the administrative control of the Ministry of Labour and Employment.
- Under the EPF scheme, an employee has to pay a certain contribution towards the scheme, and an equal contribution is paid by the employer.
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