1. It is a secure*savings plan

2. Employees*and their families are*eligible for*income in the case of death, disability or retirement

3. Employer’s contribution (from Annual Monthly Gross) is totally tax exempt.

4. Employee’s Contribution is eligible for Sec. 88 rebate / 80C Deduction

5. Income generated by the fund is tax exempt. Interest on Employer and Employee contributions are tax free

6. Advances / Loans for specific reasons can be availed from the provident fund corpus


7. Employees PF account is portable between employers.

8. The accumulations cannot be attached by in case of default of loans