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Q.

What is an EFPO account?

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0 2023-05-30T17:10:00+00:00

Hi,

The EPFO account is an account where equal monthly contributions of 12% of the basic pay and dearness allowance are made by the employee till the employee is working. 

The Government of India mandates employers to contribute to EPF, commonly referred to as the Employees' Provident Fund. You can use your paycheque to start saving for retirement with the help of this helpful retirement fund. 

I hope this helps:)

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