Employees' Provident Fund Organisation

The Employees' Provident Fund Organisation (EPFO) is an Indian government agency that manages provident fund schemes for workers. It collects a small part of employees' salaries along with contributions from employers to create a retirement savings fund. The EPFO ensures the funds are securely maintained and accessible upon retirement or under specified circumstances. It also provides benefits like insurance and pension schemes, helping workers secure their financial future after employment. Overall, it promotes financial security for employees by facilitating regular savings and ensuring timely access to funds.