Ques. :- Define Providend fund. Explain and
distinguish between Recognised and Unrecognised
Providend Fund.
Answers
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Answer:
recognised provident fund is a provident fund which is recognised by Commissioner of Income Tax.
a President fund which is not recognised by Commissioner of Income Tax is known as unrecognised provident fund this provident fund may be operated in the private establishments .
Explanation:
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