Ratan Chauhan (Sr. Executive Auditor) (53 Points)
19 October 2011
Sir, I want to know that what is the procedure of calculation of Interest on PF?
Thanks
Ratan Chauhan
Rahul Gupta
(Chartered Accountant)
(644 Points)
Replied 19 October 2011
Which PF?
Did you mean Public Provident Fund (PPF) ?
Well mostly the concept is same for all other PFs but well i want to know which PF
pavan kumar
(CA Final , CMA Final)
(202 Points)
Replied 19 October 2011
Interest 8.0% p.a. (compounded annually) is credited to the PPF account at the end of each financial year.
CAclubindia
