An individual who contributes money in his/her EPF a/c from his/her salary and the employer also contributes its part in form of EPF and Pension, how these should be entered in the books of indiviudal account?
The question is important in the backdrop of any eventuality happening with the individual and his/her family is not aware of his/her assets from other sources other than his/her books of accounts.If these contributions are reflected in his/her books of accounts, the family will not suffer any loss and claim due amount from the government (EPFO).
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