Saturday, December 21, 2024
Advertisement
  1. You Are At:
  2. News
  3. India
  4. Provident Fund interest rate may go up from 8.5 pc

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

India TV News Desk Published : Oct 09, 2013 20:48 IST, Updated : Oct 09, 2013 20:53 IST
provident fund interest rate may go up from 8.5 pc
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 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.


Advertisement

Read all the Breaking News Live on indiatvnews.com and Get Latest English News & Updates from India

Advertisement
Advertisement
Advertisement
Advertisement