A Study on Employee Perceptions on Employee Provident Fund in Amara Raja Infra Pvt. Ltd., Tirupati

Employees' provident fund EPF , 1952 is retirement benefit scheme which is maintained by the Employee provident fund organization EPFO , 1951. EPF is serve as long term savings to support an employee retirement. Under this scheme the employee and the employer contribute to the EPF scheme on monthly basis in equal proportions on 12 deducting from the basic salary and dearness allowances whole of the amount is deposited by the employer. Provident fund is also a welfare scheme for the benefits of the employees. The interest earned on their investment is also been credited in PF account of the employees. When the retirement time of employee, accumulated amount is given to the employees, if certain conditions are fulfilled by them. All the members of EPF can access their pf accounts through online and they can perform functions like withdrawal and checking EPF balance. This study aims to create awareness to the employees and assess the perceptions towards the EPF scheme, and their importance in the AMARARAJA INFRA PVT LTD, Tirupati. P. Saibrahmani | Dr. D. Shahanaz "A Study on Employee Perceptions on Employee Provident Fund in Amara Raja Infra Pvt. Ltd., Tirupati" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-6 , October 2022, URL: https://www.ijtsrd.com/papers/ijtsrd52017.pdf Paper URL: https://www.ijtsrd.com/management/business-administration/52017/a-study-on-employee-perceptions-on-employee-provident-fund-in-amara-raja-infra-pvt-ltd-tirupati/p-saibrahmani