The Ministry of Finance has approved payment of 8.5% rate interest for 2012-13, up from 8.25% in the previous fiscal. The related circular is provided here.
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Employees™ Provident Fund Organisation
(Ministry of Labour & Employment, Govt. Of India)
( Head Office)
Bhavishya Nidhi Bhawan,14-Bhikaiji Cama Place, New Delhi-110066
No. Invest.I/3(2)/133/ ROI/2012-13/4462, Dated: 15.05.2013
Subject: Declaration of Rate of Interest for the Employees Provident Fund Members™Account for the year 2012-13- regarding.
Sir,
I am directed to inform that Ministry of Labour and Employment, Govt. of India, vide its letter No. R-11018/1/2013.SS-II dated 15.05.2013 has conveyed the approval of the Central Government under para 60(1) of Employees™ Provident Fund Scheme, 1952 for crediting interest @ 8.50% on EPF accumulation for the financial year 2012-13 to the account of each member of the EPF Scheme.
It is therefore, requested to issue necessary instructions to all concerned for crediting the interest to the members™ accounts.
Yours faithfully,
(MANORANJAN KUMAR)
REGIONAL P. F. COMMISSIONER-II (INVESTMENT)
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