Provident Fund interest rate may go up from 8.5 pc

New Delhi: The Employees Provident Fund Organisation will meet soon amid indicatios that it may announce higher interest rate on PF compared to 8.5 per cent interest rate given in 2012-13. The rate of return
provident fund interest rate may go up from 8.5...
India TV News Desk October 09, 2013 20:53 IST
New Delhi: The Employees Provident Fund Organisation will meet soon amid indicatios that it may announce higher interest rate on PF compared to 8.5 per cent interest rate given in 2012-13.





The rate of return on PF deposit for subscribers for this fiscal would be slightly higher than 8.5 per cent provided last year.

The Central Board of Trustees (CBT) headed by the Labour Minister, will meet soon to approve the interest rate.

Sources said, the interest rate on PF deposits for this fiscal may be announced before Diwali.


 
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