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Hi, Download Form - 19 from www.epfindia.nic.in. Fill the form correctly and send the it by Courier to the respective PF Office, where your PF account is maintained. The money from your PF account will be credited to your bank account, as provided by you in the form - 19 within 4-6 weeks. - Sridhar Tirukovela
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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
Which one is better between voluntary provident fund and public provident fund?
VPF
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
What is the expansion of pF?
Provident Fund
Can you deduct provident fund on conveyance?
No
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
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 journal entry for provident fund?
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.
Is provident fund employees asset and are you right to ask your provident fund balance?
Provident Fund is a portion of our salary that our employer deducts every month. This money is remitted to the government of India's PF trust. This money is used by our government for its cash needs. Once we retire or close our PF account, the money that has accumulated against our name would be given back to us. The money in our PF account grows at the rate of 8.5% per annum compounded every year.Yes it is an asset for you and you have all rights to ask your provident fund balance.
