What Is Statutory And Recognised Provident Fund?

What Is Statutory And Recognised Provident Fund? Statutory Provident Fund – This scheme is set up under the Provident Funds Act, 1925. It is meant for government employees, universities, recognised educational Institutions, railways, etc. … Recognised Provident Fund – The Provident Fund Act, 1952 applies to all establishments employing 20 or more employees. What is