Interest Rate on PPF

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..... Interest Rate on PPF
News and Press Release
Dated:- 12-12-2011

Press Information Bureau Government of India Ministry of Labour & Employment 12-December-2011 17:33 IST The Provident F .....

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..... und handled by the Employees' Provident Fund Organisation is known as Employees' Provident Fund (EPF). Rate of interest on Employees' Provident Fund for every year is recommended by the Central Board .....

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..... of Trustees, Employees' Provident Fund on the basis of estimated interest income available and estimated liability on interest payment of the particular year. Assessment on above lines is made every y .....

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..... ear by the Central Board of Trustees, Employees' Provident Fund before recommending rate of interest to the Government of India. Actual details of expenditure for the year 2011-12 would be arrived on .....

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..... ly after updation of all the annual accounts of 2010-11. Rate of interest for the year 2011-12 is to be recommended by the Central Board of Trustees, Employees' Provident Fund based on both estimated .....

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..... interest income and estimated liability on interest payment to the Provident Fund members. This information was given by the Minister of Labour and Employment Shri Mallikarjun Kharge in reply in rep .....

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..... ly to a written question in the Lok Sabha today. ****** ST/-
News - Press release - PIB .....

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