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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June 17, 2010 at 5:40 am
How can I remit my employer’s share of 8.33 % into EPS than EPF? Also, how much interest does the govt offer on the amount that is in EPS?
I work in a private company and have read this article from this web page -> http://www.epfindia.com/Circulars/EPS95_update102008.pdf. The details are…The maximum pensionable salary shall be limited to 19[Rupees six thousand and five hundred /Rs.6500/-] per month.20[Provided that if at the option of the employer and employee, contribution paid on salary exceeding 21[Rupees six thousand and five hundred /Rs.6500/-] per month from the date of commencement of this Scheme or from the date salary exceeds 22[Rupees six thousand and five hundred /Rs.6500/-] whichever is later, and 8.33 per cent share of the employers thereof is remitted into the Pension Fund, pensionable salary shall be based on such higher salary.] 20. Inserted ibid w.e.f 16.3.96. 19 & 21 & 22 . Subs. By GSR 774 (E) dated the 8.10.2001 (w.e.f. 1.6.2001).
pegL
August 30, 2010 at 11:15 pm
I am retired in August 2008, but till date I have not received my PF amount. What is the soution?
September 2, 2011 at 4:13 am
how to calculete of EPF & ESI in excel seet.
mini. rate of EPF & ESI Employer,& Employee.
October 20, 2011 at 11:01 pm
in some sites they funished that the interest rate on RPF is hiked to 9.5% from september 2010. and you said it is 8.5% so what is right ?
December 7, 2011 at 12:49 am
what are the rates of contribution in epf (employee’s provident fund)
by employee and employer.?
February 27, 2012 at 9:50 pm
Hi Sir,
I know your PF Balance my PF Account No-DL/26621/856
April 18, 2012 at 4:29 am
my pf no=ap/kkp/46051/113please check amount send sms 9247204373
June 29, 2012 at 5:59 pm
pf no is MH/94725/52709 my ac no is60976 sir pls tell me my pf bal info
June 29, 2012 at 6:03 pm
my mob no is 8091914421