The current interest rates for the Employee Provident Fund(EPF) is at 8.5% p.a. This rate has been maintained since 2005-06. As we know that, every year the rate is reviewed and if possible it will be revised. But, the current rate is maintained for the past six years in a row. It is expected to be the same interest rates for the following financial year 2010-11. It will be decided on the coming Feb 26, 2010 meeting. They have a plan to increase the rate to 8.75%, but would face a deficit of Rs 426.53 crore if it paid out a return of 8.75%. So, there won’t be any changes in the rates.
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