Provident fund is a benefit that is available to all salaried employees. It is one of the most beneficial and popular investment tool introduced by the government for salaried individuals both in public sector and private sector. Provident Fund is the pool of funds that is created by saving a small percentage of your salary every month and deposited with Employees Provident Fund Organization of India. These contributions made by individuals attract compounding interest on yearly basis. It is mandatory for all companies in India who employ 20 or more employees to be registered with Employees Provident Fund Organization.