None. The Indian government does not allow FID in provident fund
how many staff should e in a company to start provident fund
Central Provident Fund was created in 1955.
There is no such thing as an Unrecognized provident fund. The rate of interest on provident fund in India is 8.6% per year
VPF
As many as you want.
Yes. The Employers signature/attestation is required to get the provident fund
In pakistan Provident fund should be deducted according to the rules that is very from 8% to 12%.which also include the admin charges which are deducted from the fund which are 1.47%
Provident Fund
1952
No
Yes, the interest paid by provident fund will fall into riba category
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.