What distinguishes EPF from PPF?

The distinction that sets EPF apart from PPF lies in their target audiences and purposes. EPF, or Employee Provident Fund, is specifically designed for salaried employees in the organized sector, providing them with a retirement savings plan that includes contributions from both the employee and the employer. This helps ensure that employees have a steady fund to rely on post-retirement.

In contrast, PPF, or Public Provident Fund, is meant for the general public and does not require the individual to be employed in the organized sector. Anyone, including self-employed individuals and homemakers, can open a PPF account, making it much more accessible to a wider demographic. Therefore, the correct answer emphasizes the target audience for each fund, which is key to understanding their respective roles in saving and retirement planning.