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Provident Fund: Complete Guide

Understanding EPF (Employee's Provident Fund) including contributions, withdrawal rules, and benefits.

GetYourCA Team
1 March 2025·Updated 9 April 20261 min read12.5K views
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Provident Fund: Complete Guide

What is EPF?#

Employees' Provident Fund is retirement savings scheme.

Contributions#

  • Employee: 12% of basic
  • Employer: 12% (3.67% EPF + 8.33% Pension)

Benefits#

  • Retirement corpus
  • Medical benefits
  • Housing loan (partial)
  • Insurance cover (EDLI)

Withdrawal Rules#

Before 5 Years#

  • Only on resignation/termination

After 5 Years#

  • Full withdrawal allowed

UAN and KYC#

  • UAN: Universal Account Number
  • KYC: Aadhaar, PAN, bank linking

Conclusion#

EPF provides financial security for employees.

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Disclaimer

We have taken utmost care to research and write this article for your information. However, tax laws are complex and subject to frequent changes. This article is for general guidance only and should not be considered professional advice. Individual circumstances vary significantly — what works for one person may not apply to another.

Before making any tax-related decisions, we strongly recommend consulting with a qualified Chartered Accountant or tax professional who can assess your specific situation. We do not accept any liability for decisions made based on this information.

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