Using your phone's internet browser
go to:  qna.rediff.com
Click and drag this link to
the Home icon in your browser.
Q.

What is a Provident Fund(PF)?Is it applicable for working employees or retired one's?

Tags: money, careers, fund
Asked by anuj, 27 Jan '13 07:45 pm
  Invite a friend  |  
  Save  |  
 Earn 10 points for answering
Answer this question  Earn 10 points for answering    
4000 characters remaining  
  
    
Keep me signed inNew User? Sign up

Answers (4)

1.

PF is deducted from salary of an employee @ 10/ 12%. On retirement it is paid back to the employee with a good rate of intrest. In some establishments, an equal amount of PF is added by the employer every month (Called CPF) and paid back on retirement with applicable interest to the employee.
Answered by Pooja, 27 Jan '13 07:57 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
2.

Provident fund is a term for pension fund. It is for both working employees and retired ones. Only difference is one (working ones) deposit and retired withdraws.
Answered by Uncommon Freind, 27 Jan '13 07:47 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
3.

Pf for working class and ppf for all
Answered by PRANIL MUNGEKAR, 27 Jan '13 07:46 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
4.

Pf is money deducted from salary which is given to you when you retire, its in workplace or one can get it in a bank .
Answered by kamini joshi, 27 Jan '13 07:45 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received

Ask a Question

Get answers from the community

600 characters remaining