The scheme was initiated under the Employeeâs Provident Fund and Miscellaneous Act, 1952, for the benefit of employee after his retirement.
source https://www.caclubindia.com/articles/difference-between-epf-ppf-nps-tax-benefits-around-it-employee-provident-fund-45901.asp
source https://www.caclubindia.com/articles/difference-between-epf-ppf-nps-tax-benefits-around-it-employee-provident-fund-45901.asp
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