Hi All, I have to enquire about PF interest Rate. Can anyone please tell me whats the annual rate of interest for a PF account.
From India, Delhi
From India, Delhi
Hi,
Please refer to this link: [Employees' Provident Fund rate will not change in the financial year 2009-2010 | Tax Guru](http://www.taxguru.in/general-info/employees-provident-fund-rate-will-not-change-in-financial-year-2009-2010.html)
Muninder
From India, Hyderabad
Please refer to this link: [Employees' Provident Fund rate will not change in the financial year 2009-2010 | Tax Guru](http://www.taxguru.in/general-info/employees-provident-fund-rate-will-not-change-in-financial-year-2009-2010.html)
Muninder
From India, Hyderabad
EPF Interest Rate Update
The EPF interest rate remains unchanged at 8.5% for 2009. Kindly refer to the link: http://economictimes.indiatimes.com/...ow/4171156.cms.
Thanks,
GK
From India, Mumbai
The EPF interest rate remains unchanged at 8.5% for 2009. Kindly refer to the link: http://economictimes.indiatimes.com/...ow/4171156.cms.
Thanks,
GK
From India, Mumbai
The gentle man ask you, what is the interest rate of PF Iprovident fund) account, not contribution of PF.
From India, Delhi
From India, Delhi
Hi All, I have to enquire about PF interest Rate. Can anyone please tell me whats the annual rate of interest for a PF account.
From India, Delhi
From India, Delhi
Hai, PF Annual interest may vary from year to year and that will be decided by the Central Government. This year i.e., for 2009 - 2010 the interest rate will be 8.5%. P. Karunakaran
From India, Madras
From India, Madras
Hi Shilpa!
Thanks for the information. I was asked this question in my interview, what are the administrative charges for the provident fund. I could not answer, but now I know after reading your post.
Thanks,
Ravi
From India, Pune
Thanks for the information. I was asked this question in my interview, what are the administrative charges for the provident fund. I could not answer, but now I know after reading your post.
Thanks,
Ravi
From India, Pune
Dear Friend, As per Annual Account Statement interest rate for the year of 2009-2010 is 8.5%. with regards naresh
From India, Nellore
From India, Nellore
Hi please tell me the bi frication of 12% PF employer contribution . pension is 8.33% Admin- 1.61 PF- 2.06 Am i right...
From India, Delhi
From India, Delhi
Hi!
The breakdown of the 12% employer contribution is:
- 8.33% towards the pension fund
- 3.67% towards the provident fund
I believe the admin charges are not included in this 12% charge. That is why the employer contribution adds up to 13.11%, i.e., 8.33% + 3.67% + 1.10% + 0.01%.
From India, Pune
The breakdown of the 12% employer contribution is:
- 8.33% towards the pension fund
- 3.67% towards the provident fund
I believe the admin charges are not included in this 12% charge. That is why the employer contribution adds up to 13.11%, i.e., 8.33% + 3.67% + 1.10% + 0.01%.
From India, Pune
PF Interest Calculation
Regarding PF interest calculation, it is monthly compounding and rounds to the nearest rupee. Currently, it is 8.5% p.a.
However, I shall insert an Excel Sheet in this regard. You can extend the rows (as per your requirement) and enter the salary applicable for PF.
Regards,
ABBAS.P.S, ITI LTD, PALAKKAD - 678 623
Ph. [Phone Number Removed For Privacy Reasons]
From India, Bangalore
Regarding PF interest calculation, it is monthly compounding and rounds to the nearest rupee. Currently, it is 8.5% p.a.
However, I shall insert an Excel Sheet in this regard. You can extend the rows (as per your requirement) and enter the salary applicable for PF.
Regards,
ABBAS.P.S, ITI LTD, PALAKKAD - 678 623
Ph. [Phone Number Removed For Privacy Reasons]
From India, Bangalore
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