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<h1>Public Provident Fund Scheme, 1968, launched for financial security under Section 3 of the Public Provident Fund Act.</h1> The Public Provident Fund Scheme, 1968, established under the authority of the Central Government through section 3 of the Public Provident Fund Act, 1968, outlines a savings scheme aimed at providing financial security. The scheme is officially titled the Public Provident Fund Scheme, 1968, and was set to commence on July 1, 1968. It is part of the broader framework of direct taxes and statutory provisions designed to regulate and promote savings among the public.