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20 Jul, 2014 08:15 AM

Rajya Sabha Q&A : No proposal to hike PF interest rates

Rajya Sabha Q&A : No proposal to hike PF interest rates
GOVERNMENT OF INDIA
MINISTRY OF LABOUR AND EMPLOYMENT
RAJYA SABHA
QUESTION NO 830
ANSWERED ON 16.07.2014
Interest rate on PF
830 SHRI D. RAJA

Will the Minister of LABOUR AND EMPLOYMENT be pleased to satate :-

(a)whether Employees' Provident Fund Organisation (EPFO) has a proposal under consideration to increase the interest rate on Provident Fund (PF) deposits from the present rate of 8.75 per cent to 9 per cent in the year 2014-15; and

(b)if so, the details thereof?
ANSWER

MINISTER OF STATE FOR STEEL, MINES, LABOUR & EMPLOYMENT (SHRI VISHNU DEO SAI)

(a): No, Sir.

(b): Does not arise in view of reply to part (a) above.



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