Provident Fund (PF) is applicable only to those medical establishments that employ more than 20 people. It is applicable to people drawing salary of less than Rs. 15,000/- per month. PF is a retirement benefit scheme that is available to salaried people. Under this scheme, a stipulated amount (12%) is deducted from the employee’s salary and contributed towards the fund. A similar amount is contributed by the employer. The accumulated sum is paid at the time of retirement or resignation by the PF department. After 5 years, withdrawal of PF is not taxable.