Hi, I am employed in a Pvt Limited company in Lahore. Recently, I wanted to withdraw loan from my provident fund but came to know that my company maintains a certain policy on Provident Fund Loans, which is derived by "Rules 103 -106 of the Income Tax Ordinance 2001". As per that policy, I could not apply for loans on my accumulated balance of Provident Fund.
I want to know if there's any such clause on Provident Fund Loans in IT Ordinance 2001, because I could not find any.
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by ali123</i>
<br />Hi, I am employed in a Pvt Limited company in Lahore. Recently, I wanted to withdraw loan from my provident fund but came to know that my company maintains a certain policy on Provident Fund Loans, which is derived by "Rules 103 -106 of the Income Tax Ordinance 2001". As per that policy, I could not apply for loans on my accumulated balance of Provident Fund.
I want to know if there's any such clause on Provident Fund Loans in IT Ordinance 2001, because I could not find any.
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pata nae bahi
par hamari company mae to loan mil jata hy accumulated balance per. mery friend ny b liae hy abi kuch din pehly...