3. WORKERS PROFIT PARTICIPATION FUND
WPPF and WWF (As per labour Law and Rules amended upto Sept 2015) Accountants Perspective Presented By : Snehasish Barua, FCA, ACA (ICAEW) Date: 29 May 2016 Contents Accounting impact
Category: PROVIDENT & WELFARE FUND
2. Workers Welfare Fund
WHAT IS THE FUND FOR? Bangladesh Government has created the fund for workers, where companies deposit one tenth of their annual net profit, in line with the labour law. So
1. Provident Fund
What do you mean by provident fund? A provident fund is a compulsory, government-managed retirement savings scheme used in Singapore, India, and other developing countries. … Workers give a portion