Audit
This query is : Resolved
15 March 2014
1.Are there any rules restricting investment in Fixed deposits out of funds received from Government??
2.Can unsettled balance in PF Account invested in Fixed deposits??
3.Can Rent amount accumulated be invested in Fixed deposits,any rules for restrictions?
2.Can unsettled balance in PF Account invested in Fixed deposits??
3.Can Rent amount accumulated be invested in Fixed deposits,any rules for restrictions?
Amol S Joglekar
(Expert)
15 March 2014
No such restrictions unless of course Funder puts some conditions at the time of funding...... regarding end use
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