The Finance Ministry has approved payment of 8.5 per cent rate interest for 2012-13, up from 8.25 per cent in the previous fiscal.
Employees’ Provident Fund Organisation
(Ministry of Labour & Employment, Govt. Of India)
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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.
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.
REGIONAL P. F. COMMISSIONER-II (INVESTMENT)