Info: EPF & VPF Interest Rate raised to 8.6% for 2012 – 2013

Very Good info on history of EPF Interest rates.

 

Best Regards,

Chirag Gandhi

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EPF & VPF Interest Rate raised to 8.6% for 2012 – 2013 Posted: 26 Apr 2012 09:08 PM PDT There is good news for six crore subscribers of EPF (Employee Provident Fund) and VPF (Voluntary Provident Fund). EPFO has decided to increase the interest rate on both EPF & VPF to 8.6% for FY 2012-13. This was reduced to 8.25% for FY 2011-12 from 9.5% a year earlier. The cut in interest rate had led to vociferous protests from political parties, trade unions and employees who depend on the scheme for their retirement benefits. Below is the history of EPF Interest rates.