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Earn +20 ptsQ: What is provident fund act?
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What is the minimum required number of employees for under Employee's Provident Fund Act in India at present?
20 employees required for enrollment in provident fund scheme
When was Central Provident Fund created?
Central Provident Fund was created in 1955.
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
How general provident fund established?
It was established through a Government Act in the year 1952
Which one is better between voluntary provident fund and public provident fund?
VPF
Does the provident fund act 1952 applies to shops employing less than 20 persons?
No.
How many FDI in provident fund?
None. The Indian government does not allow FID in provident fund
Is there necessary to sign of previous employer to get provident fund?
Yes. The Employers signature/attestation is required to get the provident fund
Can you deduct provident fund on conveyance?
No
What is the expansion of pF?
Provident Fund
When provident fund is implemented?
1952
Is Government Provident Fund money falls into Riba category?
Yes, the interest paid by provident fund will fall into riba category
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