Glossary / Also known as

EPF

Another name for Provident Fund (PF).

What does EPF mean?

EPF is another name for Provident Fund (PF). A mandatory retirement savings scheme where both employer and employee contribute a portion of the employee's salary each month.

The two names mean the same thing. You will see "EPF" in some ledgers, reports and contracts and "PF" in others. The full entry covers how it works, with examples.

Read the full definition of Provident Fund (PF)

Book a Demo