EPFO’s trustees today decided to retain interest payment on provident fund deposits for 2014-15 at 8.75%
The decision to retain the interest rate on the provident fund deposits at last year’s level was taken despite some protest by the trade union members of the CBT
The final notification for payment of the interest rate for the current fiscal will be issued by the Finance Ministry later.
The EPFO had provided 8.75 % rate of interest on PF deposits for 2013-14, which was higher than 8.5 % paid for the previous fiscal