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Interest rate on PF: No proposal under consideration to increase interest to 9% in the year 2014-15

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GOVERNMENT OF INDIA
MINISTRY OF LABOUR AND EMPLOYMENT
RAJYA SABHA
QUESTION NO 830
ANSWERED ON 16.07.2014
Interest rate on PF
830 SHRI D. RAJA

Will the Minister of LABOUR AND EMPLOYMENT be pleased to satate :-

(a)whether Employees' Provident Fund Organisation (EPFO) has a proposal under consideration to increase the interest rate on Provident Fund (PF) deposits from the present rate of 8.75 per cent to 9 per cent in the year 2014-15; and

(b)if so, the details thereof?
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