It was established through a Government Act in the year 1952
Nothing because they both refer to the same thing
No
What is rate of interest on General Provident Fund from April, 2012.
There is no such thing as an Unrecognized provident fund. The rate of interest on provident fund in India is 8.6% per year
Central Provident Fund was created in 1955.
VPF
None. The Indian government does not allow FID in provident fund
8.6% Compounded on an yearly basis.
Yes. The Employers signature/attestation is required to get the provident fund
The withdrawal rules for provident fund are the same across India. Refer to the related links for details on each of the rules
To record employee contributions to the provident fund: Debit Provident Fund Expense and Credit Employee Contribution Payable. To record employer contributions: Debit Provident Fund Expense and Credit Employer Contribution Payable.
how many staff should e in a company to start provident fund