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Vipul

Vipul Bhavsar  |86 Answers  |Ask -

Tax Expert - Answered on May 15, 2025

Vipul Bhavsar is a chartered accountant from The Institute of Chartered Accountants of India. He has over 16 years of experience in corporate advisory, taxation and financial reporting.
His interest areas are consulting, income tax, GST and due diligence.
He founded his CA firm, V J Bhavsar and Associates, in 2010 through which he offers services like virtual CFO, trademark registrations, company /LLP formation, MIS reporting, audit, tax and TDS compliances, accounts receivable/payable management and payroll processing.... more
Asked by Anonymous - Feb 16, 2025
Money

Sir, I got retired on 30-Jun-24 after attaining the age of 58. I do not have any further contribution to PF. I would like to know if PF gives interest for next 3 years. In other words, when I withdraw PF at the age of 61 in Jun-2027, would PF have paid interest for 3 years from Jul-24 to Jun-27.

Ans: If no contributions are made for more than three years after retirement, the account becomes inoperative.
It stops earning interest.
The existing balance remains safe.
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
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Sir, my son has scored today in bitsat exam 267 marks, he has got 3688 obcncl rank in jee mains and 508 rank kcet. Please suggest suitable college and course. NIT trichy instrumentation and control, or BITS dual degree msc with economics or RVCE computer science these are the ones which are there in our mind, please suggest a good option. Other than these also we are fine, please suggest a better college and course
Ans: Prakash Sir, Prefer RVCE through KCET. Having said this, With a BITSAT score of 267, admission to BITS Pilani’s core branches like CSE is unlikely, but branches like Mechanical or Electronics & Instrumentation at Pilani or other BITS campuses may be possible. His strong KCET rank (508) makes admission to RVCE’s Computer Science branch very feasible, which is highly reputed for coding and software careers. NIT Trichy’s Instrumentation & Control is a good government option but less aligned with software interests. The BITS dual degree MSc with Economics offers an interdisciplinary path but is less traditional for core engineering jobs. Considering his passion for coding and career prospects, RVCE Computer Science stands out as the best option. He should also explore other NITs or IIITs via JEE Mains rank for CSE or related branches. Overall, RVCE CSE offers the best blend of reputation, placements, and alignment with coding ambitions. All the best for your son's admission and a bright future!

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