If you are asking about time for processing withdrawal requests after closing the account then it is 60 working days from the date of receipt of withdrawal and closing application form.
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
None. The Indian government does not allow FID in provident fund
No
Yes. The Employers signature/attestation is required to get the provident fund
Provident Fund
No
1952
To claim from your provident fund, you typically need to follow these steps: First, ensure you meet the eligibility criteria, such as being unemployed or reaching retirement age. Then, gather the required documents, which usually include identification, your provident fund account details, and any necessary forms. Finally, submit your claim to the relevant authority or your employer's HR department, either online or in person, and await the processing of your request.
how many staff should e in a company to start provident fund
Yes, the interest paid by provident fund will fall into riba category