Difference between Contributory and Non Contributory Provident fund.

Contributory Provident Fund:- A contributory Provident Fund is one Where employee and Employer both contributes the same amount to the Provident Fund. A certain percentage is deducted from the basic salary of an employee and the same amount is deposited to the Provident Fund by the employer.

Non Contributory Provident fund:- A Non Contributory Provident fund is one where only employee contributes to his/her provident fund.