Sir, I want to know that what is the procedure of calculation of Interest on PF?
Thanks
Ratan Chauhan
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Interest calculation on pf
Replies (3)
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
Yes, I mean PPF.
Interest 8.0% p.a. (compounded annually) is credited to the PPF account at the end of each financial year.
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