Provident Fund Loan Policy - Printable Version +- Accountancy Forum (https://www.accountancy.com.pk/forum) +-- Forum: General (https://www.accountancy.com.pk/forum/forumdisplay.php?fid=3) +--- Forum: General Discussion (https://www.accountancy.com.pk/forum/forumdisplay.php?fid=5) +--- Thread: Provident Fund Loan Policy (/showthread.php?tid=9985) |
Provident Fund Loan Policy - ali123 - 06-16-2011 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. - Moamar Qazafi - 07-05-2011 <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. <hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote"> 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... |