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8.6% per year

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Q: What is the interest rate on statutory and recognised provident fund?
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Related questions

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 is rate of interest of ppf?

Public Provident fundThe Public Provident Fund Scheme is a statutory scheme of the CentralGovernment of India.The Scheme is for 15 years.The rate of interest is 8% compounded annually.The minimum deposit is 500/- and maximum is Rs. 70,000/- in a financial year.To know more you can checkhttp://tips4bsense.blogspot.com/2010/01/public-provident-fund-public-provident.html


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.


When was the Employees Provident Fund Organization of India formed?

The Employees Provident Fund Organization of India is a statutory body of the Government of India under the Ministry of Labour and Employment. The organization is formed in 1952.


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%


When was Central Provident Fund created?

Central Provident Fund was created in 1955.


Which one is better between voluntary provident fund and public provident fund?

VPF


What is the percentages of employee provident fund?

Contribution is 12% of the basic salary and the current interest rate is 8.6%


How many FDI in provident fund?

None. The Indian government does not allow FID in provident fund


What is statutory fund means?

what is statutory fund


What is the percentage of provident fund's in 2012-13?

The current rate of interest offered in PF is 8.6% (As of 2012-2013)