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Hi All, I have to enquire about PF interest Rate. Can anyone please tell me whats the annual rate of interest for a PF account.
From India, Delhi
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Hi,

Please refer to this link: [Employees' Provident Fund rate will not change in the financial year 2009-2010 | Tax Guru](http://www.taxguru.in/general-info/employees-provident-fund-rate-will-not-change-in-financial-year-2009-2010.html)

Muninder

From India, Hyderabad
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EPF Interest Rate Update

The EPF interest rate remains unchanged at 8.5% for 2009. Kindly refer to the link: http://economictimes.indiatimes.com/...ow/4171156.cms.

Thanks,
GK

From India, Mumbai
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The gentle man ask you, what is the interest rate of PF Iprovident fund) account, not contribution of PF.
From India, Delhi
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Hi All, I have to enquire about PF interest Rate. Can anyone please tell me whats the annual rate of interest for a PF account.
From India, Delhi
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Hai, PF Annual interest may vary from year to year and that will be decided by the Central Government. This year i.e., for 2009 - 2010 the interest rate will be 8.5%. P. Karunakaran
From India, Madras
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Hi Shilpa!

Thanks for the information. I was asked this question in my interview, what are the administrative charges for the provident fund. I could not answer, but now I know after reading your post.

Thanks,
Ravi

From India, Pune
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Dear Friend, As per Annual Account Statement interest rate for the year of 2009-2010 is 8.5%. with regards naresh
From India, Nellore
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Hi please tell me the bi frication of 12% PF employer contribution . pension is 8.33% Admin- 1.61 PF- 2.06 Am i right...
From India, Delhi
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Hi!

The breakdown of the 12% employer contribution is:
- 8.33% towards the pension fund
- 3.67% towards the provident fund

I believe the admin charges are not included in this 12% charge. That is why the employer contribution adds up to 13.11%, i.e., 8.33% + 3.67% + 1.10% + 0.01%.

From India, Pune
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PF Interest Calculation

Regarding PF interest calculation, it is monthly compounding and rounds to the nearest rupee. Currently, it is 8.5% p.a.

However, I shall insert an Excel Sheet in this regard. You can extend the rows (as per your requirement) and enter the salary applicable for PF.

Regards,
ABBAS.P.S, ITI LTD, PALAKKAD - 678 623
Ph. [Phone Number Removed For Privacy Reasons]

From India, Bangalore
Attached Files (Download Requires Membership)
File Type: xls EPF Statement.xls (15.5 KB, 198 views)

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