PF in Salary

Provident Fund (PF) is one of the most important savings benefits offered to salaried employees in India. Every month, the company and the employee both contribute 12% of the employee’s basic pay. The total goes into a PF account managed by the EPFO and earns interest.

This money is meant for the future — retirement, emergencies, or even buying a house. Employees can track it using their UAN (Universal Account Number). Payroll software usually calculates PF automatically, handles UAN linking, and helps companies file monthly returns on time.