What does EPF stand for?

"Employee Pension Fund" "Employee Provident Fund" "Employer Provident Fund" "Employer Pension Fund"

What percentage of an employee's basic salary is contributed to their EPF account by both the employer and employee combined?

"6%" "12%" "18%" "24%"

Which of the following methods can be used to check your EPF balance?

"Sending an email to the EPFO" "Visiting your local bank branch" "Calling your employer's HR department" "Using the UMANG mobile application"

What is the purpose of the Employee Pension Scheme (EPS)?

"To provide healthcare benefits to retired employees" "To supplement the retirement savings provided by EPF" "To offer financial assistance to employees facing job loss" "To invest in employee training and development programs"

According to the provided text, how is the tax structure applied to the employee's EPF contributions?

"Tax deductions are applicable under Section 80C of the Income Tax Act" "Employee contributions are taxed at the time of withdrawal" "Interest earned on EPF balance is subject to capital gains tax" "Employer contributions are tax-deductible for the company"