The central government oversees and regulates an investment program known as the Employees’ Provident Fund Scheme or EPF for short. This scheme requires both the employer and the employee to make contributions to a single PF account, which, depending on the situation, can be transferred if the employer changes or withdrawn at any point when the employee leaves their job. The employee's PF account is also rewarded with interest earned under the Employees' Provident Fund Scheme.
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