14 May 2011

PF Rate of Interest-9.5%


EMPLOYEES' PROVIDENT FUND : 9.5% NOTIFIED AS RATE OF INTEREST UNDER RULE 6(B) OF PART A OF FOURTH SCHEDULE

Rule 6(b) of Part A of Fourth Schedule to Income-tax Act, 1961 - Recognised Provident Fund - 9.5 per cent rate notified under rule 6(b) of part A of IVth Schedule - Supersession of Notification No. S.O. 2091(E), dated 26-8-2010

NOTIFICATION NO. 24/2011 [F.NO. 142/14/2010-SO (TPL)], DATED 13-5-2011

In exercise of the powers conferred by clause (b) of rule 6 of Part A of the Fourth Schedule to the Income-tax Act, 1961 (43 of 1961), and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 2091(E), dated the 26th August, 2010, the Central Government hereby fixes, with effect from the 1st day of September, 2010, 9.5 per cent., as the rate referred to in the said clause.


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Best Wishes

CA. V.M.V.SUBBA RAO
Chartered Accountant
Door No.24-2-1885,
I Floor, Flat No.5,
Siddivinayaka Residency, I Cross,
Central Avenue, MSR Nagar,
Magunta Layout,
Nellore-524 003
Andhra Pradesh
India
Mobile:+91 - 0 9390221100
           +91 - 0 9440278412
e-Mail: vmvsr@rediffmail.com
           vmvsr@yahoo.co.uk
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