Provident Fund | How Provident Fund Works| Tax Treatment of Provident Fund | Income Tax Law Pakistan скачать в хорошем качестве

Provident Fund | How Provident Fund Works| Tax Treatment of Provident Fund | Income Tax Law Pakistan

Are you confused about Provident Fund and its types in Pakistan? If so, this video is for you. In this video, we'll discuss what a Provident Fund is and how it works, as well as the different types of Provident Fund available in Pakistan. We'll start by explaining the basic concept of Provident Fund, which is a retirement savings plan that allows employees to contribute a portion of their salary to a fund, and then receive a lump sum payment when they retire or leave the company. We'll also cover the benefits of contributing to a Provident Fund, including tax savings and long-term financial security. Then, we'll dive into the three types of Provident Fund available in Pakistan. The first is the Recognized Provident Fund, which is a fund that has been approved by the government and offers tax benefits to both employers and employees. The second is the Unrecognized Provident Fund, which is not approved by the government and does not offer any tax benefits. The third is the Government Provident Fund, which is a fund created for government employees and is managed by the government. We'll explain the differences between these types of Provident Fund, including their eligibility criteria, contribution limits, and tax implications. We'll also discuss how Provident Fund is treated under the Income Tax Law of Pakistan, including the tax exemptions and deductions that are available to Provident Fund contributors. By the end of this video, you'll have a clear understanding of Provident Fund and its types in Pakistan, as well as the tax treatment of Provident Fund contributions. So, if you want to plan for your retirement and secure your financial future, don't miss this informative video. Accounting for All is your source for Accounting and Commerce education. To view the entire video library for free, visit    / accountingforall   To like us on Facebook, visit   / safeegk   To follow Muhammad Safeer on Facebook, visit   / safeegk   To follow Muhammad Safeer on Twitter, visit   / accountingfora1   CONNECT WITH Accounting for All Facebook:   / safeegk   Instagram:   / safeegk   LinkedIn:   / safeegk   #ProvidentFund #TypesOfProvidentFund #WorkingOfProvidentFund #TreatmentProvidentFundInIncomeTaxLaw #EmployeesContribution #EmployersContribution #gratuity 00:00 Welcome and Introduction 00:48 Types of Provident Fund 02:30 How Provident Funds Works 04:02 Tax Treatment of Provident Fund