YUVARAJ

PF stands for Provident Fund. It is a financial scheme established by employers to provide employees with a source of income after they retire. Both the employer and employee contribute a certain percentage of the employee's salary to the fund on a regular basis. The contributions are invested and accumulate over time, earning interest. The accumulated amount can be withdrawn by the employee upon reaching retirement age or leaving the organization, either as a lump sum or in regular installments.