Under the Employees' Provident Fund, both employee and employer contribute to the EPF monthly. Employees can get EPF amount during retirement, resignation, or partially withdraw it for expenses like marriage or illness, as per ClearTax. Under the Employee Pension Scheme, employees' contribution is nil. EPS provides pension benefits post-retirement or to dependents in case of the member’s death.
short by
Dharini Mudgal /
05:21 pm on
03 Jul