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PCC taxation

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(Querist)
12 September 2008 Can anyone tell me what is exempt rate of interest under Recognised PF (salaries) applicable for A.Y 2008-09 i.e. PCC nov 2008.
It is 8.5% as per Manoharan text book and 9.5% as per Singhania.
Which of the above is correct????
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Radhika

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Radhika (Expert)
12 September 2008 It Is 9.5%
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
12 September 2008 I think it is 8.5% since the govt. has fixed it at 8.5%
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pcc student

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pcc student (Querist)
12 September 2008 Which one is correct??
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KAAPIL

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KAAPIL (Expert)
14 September 2008 9.5%.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
14 September 2008 THANKS TO Mr.KAPIL FOR CORRECTING MY MISTAKE.
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pcc student

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pcc student (Querist)
15 September 2008 Thanks
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