https://www.taxtmi.com/acts?id=54661 Provident fund interest is credited at a rate determined by the Central Government in consultation with the Central Board and calculated on a monthly running-balance basis. The provision prescribes interest treatment for opening balances, withdrawals, subsequent credits, first-time coverage, and transferred past accumulations. Interest on withdrawal claims is payable until final payment authorisation. Aggregate credited interest is debited to the Interest Account, without overdrawal. Members may decline and later request interest, while no interest accrues after an account becomes inoperative. en-us Thu, 02 Jul 2026 15:43:42 +0530 Thu, 06 Aug 2026 14:15:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=54661 Provident fund interest is credited at a rate determined by the Central Government in consultation with the Central Board and calculated on a monthly running-balance basis. The provision prescribes interest treatment for opening balances, withdrawals, subsequent credits, first-time coverage, and transferred past accumulations. Interest on withdrawal claims is payable until final payment authorisation. Aggregate credited interest is debited to the Interest Account, without overdrawal. Members may decline and later request interest, while no interest accrues after an account becomes inoperative. Act-Rules Labour laws Thu, 02 Jul 2026 15:43:42 +0530 https://www.taxtmi.com/acts?id=54661