0
What else can I help you with?
Is there necessary to sign of previous employer to get provident fund?
Yes. The Employers signature/attestation is required to get the provident fund
What is the provident fund amount that employers should contribute?
12% of the basic salary paid out to the employee
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
Is private school employers are cumpolsury to register under employes provident fund?
If your school has more then 20 employees - Yes
Which one is better between voluntary provident fund and public provident fund?
VPF
How do you pay the provident fund to the workers?
To pay the provident fund to workers, employers typically calculate the contribution based on a percentage of the employee's salary, which may vary by country or organization. The calculated amount is then deposited into a designated provident fund account, often managed by a government agency or private fund manager. Employers are usually required to make these contributions on a regular basis, such as monthly, and provide employees with statements showing their accumulated funds. Compliance with local regulations and timely payments are essential to ensure workers receive their benefits.
How many FDI in provident fund?
None. The Indian government does not allow FID in provident fund
How shall you write an Official letter to the bank asking to reduce the high charges imposed on the employees employers provident fund?
Employee Provident Fund is maintained by the EPFO India and it is not a bank. So, if you write any letter to any bank about EPF, nobody will respond to you
What is provident fund act?
The Provident Fund Act refers to legislation that governs the establishment and management of provident funds, which are retirement savings schemes designed to benefit employees. Typically, both employers and employees contribute a percentage of the employee's salary to the fund, which accumulates over time and is accessible upon retirement or under specific circumstances. In many countries, such as India, the Act includes provisions for the withdrawal of funds, interest rates, and the responsibilities of employers in managing these funds. The primary aim is to ensure financial security for employees after they retire.
What is the expansion of pF?
Provident Fund
Can you deduct provident fund on conveyance?
No
