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The current PF interest rate if 8%
Starting April 2012, the rate of interest will be 8.25%
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∙ 15y ago
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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 many staff should be in a company to start provident fund?
how many staff should e in a company to start provident fund
What is the difference between provident fund and pension fund?
The difference between a pension fund and provident fund is in how the benefits are paid out. A provident fund pays all he retirement benefits in a lump sum cash benefit at retirement. A pension fund pays one third of the benefit as a lump sum at retirement and the rest is paid out over the lifetime of the beneficiary.
Which Vanguard bond mutual fund offers the highest interest rate for a Roth IRA?
The Vanguard Long-Term Investment-Grade Fund Investor Shares offers the highest interest rate for a Roth IRA. Currently the interest is 8.70 % compared to others which are 4.71% or lower.
Should you pay off debt with mutual funds?
It depends on the rate of interest you pay on the debt and also the rate of returns the mutual fund is generating. Let us say you have a loan with a bank with a preferential rate of interest of 5% per year and your mutual fund is earning 15% or more per year - in that case I would not payoff my debt by selling the mutual fund. Whereas, if my loan is charged at around 12% per year and my mutual fund is growing at 15% per year, i would pay off the debt using the mutual fund and start a fresh investment plan. This way we would save a lot on the interest we pay from our pocket.
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 the rate of interest for GP fund in autonomous body?
What is rate of interest on General Provident Fund from April, 2012.
What is the interest rate on statutory and recognised provident fund?
8.6% per year
What is the percentages of employee provident fund?
Contribution is 12% of the basic salary and the current interest rate is 8.6%
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)
What is the rate of interest on Employee Provident Fund Contributions in India now?
Starting April 2012, the rate of interest will be 8.25% instead of the 9.5% that was offered so far
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
What is current provident fund rate?
8.6%
Is Government Provident Fund money falls into Riba category?
Yes, the interest paid by provident fund will fall into riba category
What is the current rate of provident fund?
8.6% per annum
What is the iterest rate of provident fund amount?
It is 8.5% compounded yearly
When was Central Provident Fund created?
Central Provident Fund was created in 1955.
