WebMar 12, 2024 · EPF Interest Rate for FY 2024-22 is decreased from existing 8.5% to 8.1%. However, let us look into the past 70 years’ data of this rate. Let me divide this 70 years of data into the first 40 years and then 30 years. The charts look like below. EPF Interest Rate from 1952-53 to 1990-91 WebApr 25, 2024 · Most commonly reported funds under the clause 20 (b) are EPF and ESIC. If there is delay in the payment of the contributions of PF and ESI result in disallowance of the payment of contribution. Here is the …
Tax Compliances in FY 2024-22 - SattvaCFO
WebMar 12, 2024 · Though EPFO’s corpus has shot up from Rs 8.29 lakh crore in 2024-21 to Rs 9.4 lakh crore in 2024-22, maintaining an interest rate of 8.5% would have left EPFO with a deficit of Rs 3,500 crore. The finance ministry will now vet the interest rate declared by CBT before it is notified. WebOct 24, 2024 · For 2024, the EPF said 37% of its total assets (roughly RM373 billion) are foreign. It also said foreign listed equities saw 10.44% ROI, above the 8.96% ROI recorded for the overall equities asset class, which contributed 58% of total gross income. flanges on windows
INTEREST RATE DECLARED ON PROVIDENT FUND …
WebEarlier during the withdrawal of EPF (within 5 years), if you do not provide a PAN number, then the TDS was at 30%. Now it is reduced to 20%. It was proposed in Budget 2024 to omit clause ix of the proviso to Section 193 of the Act, thereby removing the exemption from TDS on payment of any income to a resident by way of interest on listed ... WebMar 20, 2024 · Employees Provident Fund (EPF) contribution Governed under the Employee Provident Fund Act 1991 , EPF is a retirement saving scheme for employees who are liable to contribute EPF in Malaysia in which the savings contributed will be managed … WebJul 2, 2024 · Current EPF Interest Rate 2024-22 The EPF interest rates kept on fluctuating in between the year and at present, it has reached its 7-year low point. In 2012-13 also, EPF interest rates were slashed to 8.5%. The revised EPF interest rate is now 8.50%. EPF Interest Rate Chart EPF was started in 1952 with an interest rate of 12%. flange speciali