A provident fund is a financial savings scheme that is typically set up by employers to help employees save a portion of their salary for their retirement.
To process provident funds for your current employees, perform the following steps:
- Process the payroll of an employee.
- Generate the PF- ECR Format report.
- After the generation of a file, the PF admin user must log in to the PF Unified Portal and upload the PF - ECR format file in the portal.
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