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Do you get any interest on the sum saved in provident fund account?
Wiki User
∙ 10y ago
Yes. Currently it is 8.6% per annum compounded annually
Wiki User
∙ 10y ago
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What is the interest rate on unrecognized provident fund?
There is no such thing as an Unrecognized provident fund. The rate of interest on provident fund in India is 8.6% per year
What journal entry for provident fund?
To record employee contributions to the provident fund: Debit Provident Fund Expense and Credit Employee Contribution Payable. To record employer contributions: Debit Provident Fund Expense and Credit Employer Contribution Payable.
Is Government Provident Fund money falls into Riba category?
Yes, the interest paid by provident fund will fall into riba category
What is the rate of interest for GP fund in autonomous body?
What is rate of interest on General Provident Fund from April, 2012.
What is the interest rate on statutory and recognised provident fund?
8.6% per year
What is cemtex department?
I doubt that it is related to your EPF (employee provident fund). So money is debited to the bank account which you would have asked to debit your provident fund money.
How do you update dob in pf account details?
how to change the date of birth in my provident fund account
How many nominees can be made in a public provident fund account?
As many as you want.
What is the procedure to check your provident fund status?
From Provident Fund office they will send an annual slip showing the balance of your PF account with interest to your Employer yearly. You can collect it from your employer. Rgds, Sankar.
What is the provident fund interest rate?
The current PF interest rate if 8% Starting April 2012, the rate of interest will be 8.25%
Can one voluntarily add additional cash toward the provident fund?
Yes and No. There is a scheme called Voluntary Provident Fund or VPF wherein you instruct your employer to deduct extra money and put it into your PF account. This is the only way you can add additional cash towards the Provident Fund account. You cannot add money any other way
When was Central Provident Fund created?
Central Provident Fund was created in 1955.
