What is Provident Fund year?

Created by Product Content Team, Modified on Fri, 15 Mar at 12:54 PM by Product Content Team


The Provident Fund year refers to the financial year for the purpose of calculating and managing contributions to the Employees' Provident Fund (EPF) or Provident Fund (PF). The financial year in many countries, including India, typically runs from April 1st to March 31st. 


Provident Fund (PF) is a government-mandated savings scheme that helps employees save a portion of their salary during their working years to secure their financial future.


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