I am pleased to inform and communicate you that the Employees’ Provident Fund Organisation through its latest notification bearing no Invest. I/3(2)/133/ROI/2012-13 Dated 15/05/2013 has declared the rate of Interest @ 8.50% for the Employees Provident Fund Members’ Account for the year 2012-13.
The Ministry of Labour and Employment, Government of India, vide its letter no R-11018/1/2013.SS-II dated 15/05/2013 has conveyed CPFC, the approval for crediting interest @ 8.50% on EPF accumulations for the financial year 2012-13 to the account of each member of the EPF Scheme.
Hence the rate of interest has been increased @ 0.25% in comparison to the previous rate which was @ 8.25% for the financial year 2011-12. The communication has been initiated to inform all of you about the latest rate of interest on EPF accumulations. The copy of the EPF letter is attached herewith for your ready reference.
Please ignore if your Establishment is not covered under the provisions of the EPF and MP Act, 1952.
Thanks
Regards
R B Yadav
Advocate
From India, Mumbai
114The Ministry of Labour and Employment, Government of India, vide its letter no R-11018/1/2013.SS-II dated 15/05/2013 has conveyed CPFC, the approval for crediting interest @ 8.50% on EPF accumulations for the financial year 2012-13 to the account of each member of the EPF Scheme.
Hence the rate of interest has been increased @ 0.25% in comparison to the previous rate which was @ 8.25% for the financial year 2011-12. The communication has been initiated to inform all of you about the latest rate of interest on EPF accumulations. The copy of the EPF letter is attached herewith for your ready reference.
Please ignore if your Establishment is not covered under the provisions of the EPF and MP Act, 1952.
Thanks
Regards
R B Yadav
Advocate
From India, Mumbai
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