Employee Provident Fund — Revision Notes

⚡ 30-Second Revision

EPFO administers; EPF accumulates; EPS pensions; EDLI insures. 2026 EPF Scheme and corrigendum matter. UAN links identity; correct credits still need verification.

2-Minute Revision

Read the historical foundation alongside the Code and current schemes. Contribution arithmetic depends on the applicable base and provisions. Voluntary employee additions do not automatically require employer matching. UAN supports continuity across establishment records without guaranteeing their accuracy. Reconcile EPF credits and debits separately from pension or insurance entitlements. Assess the path from contributions to actual benefits rather than administrative counts alone.

5-Minute Revision

Calculate twelve percent of an assumed ₹10,000 base and distinguish the employee amount from combined contributions. Add a hypothetical ₹500 voluntary payment without inventing compulsory employer matching. Reconcile ₹50,000 opening balance, ₹10,000 credits, ₹5,000 debit and ₹2,000 interest. Explain how one UAN can relate to multiple establishment-linked member identifiers.

Vyyuha Quick Recall

Identify the scheme, base and record: three checks before interpreting a contribution or benefit.