Understanding your earnings can be confusing , and one word you've likely encountered is "PF." The full abbreviation of PF in the context of your salary is Provident Fund . It's a mandatory savings scheme in India, designed to provide monetary security to staff after retirement. A portion of your regular salary is automatically deducted and cont… Read More

Ever seen a deduction labeled "PF" on your payslip ? This article clarifies the full meaning of PF in the area of your salary, providing a detailed understanding. PF stands for Provident Fund, a savings scheme required by the Indian government. Essentially, it's a method of saving for your post-working life, where both the employee and the compa… Read More