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PF subscribers to get 8.5 pc interest for 2012-13

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Over five crore PF subscribers would get 8.5 per cent interest for their deposits for 2012-13, higher than 8.25 per cent disbursed in the previous financial year.

 

After a board meeting of EPFO's apex decision making body the Central Board of Trustees (CBT), Labour Minister Mallikarjun Kharge told reporters: "The board discussed the rate of interest for 2012-13. After detailed discussion, the board decided to recommend a rate of interest of 8.5 per cent".

PTI

Read more about: pf
Story first published: Monday, February 25, 2013, 20:50 [IST]
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