Benefits of PF

This query is : Resolved 

26 October 2010 what is the tax savings on Employee contribution to PF and what is the annual interest rate for PF?

26 October 2010 Covered under 80C up to the limit of 1 lakhs. Tax saving depends on the tax range applicable to the employee.

Interest rate 9.5%

26 October 2010 Employer's contribution to PF and interest on PF account, that's benefit to employee.




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