Provident Fund : Revised rate of interest – with regard to Staff Provident Fund in EPFO

Provident Fund : Revised rate of interest – with regard to Staff Provident Fund in EPFO

EMPLOYEES’ PROVIDENT FUND ORGANISATION
(MINISTRY OF LABOUR & EMPLOYMENT, GOVT. OF INDIA)

HRD/3(2)2012/SPF

Date : 16/05/2013

To
All Additional CPFCs,
All RPFCs, Regional Offìces, including RPFC (ASD), Head Office,
All Officers In-charge of SROs

Sub : Revised rate of interest – with regard to Staff Provident Fund in EPFO.

Sir,
Please refer to the Resolution dated 08th April, 2013 issued by Ministry of Finance (Department of Economic Affairs) regarding declaration of rate of interest of General Provident Fund (GPF) and other similar funds.

2. In this connection, it is announced for general information that during the year 2013-2014, accumulations at the credit of subscribers to the Staff Provident Fund shall carry interest at the rate of 8.7% (Eight point seven percent) per annum w.e.f. 01.04.2013.

Encl: as above

Yours faithfully,
sd/-
(R.K.KUKREJA)
Add,. CPFC (HR)

Source: www.epfindia.com
[http://www.epfindia.com/Circulars/Y2013-14/HRD_SPF_4677.pdf]