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prasannakumar
15-09-2010, 07:38 PM
Sirs,
I saw a news flash scrolling in a Malayalam Channel stating that the PF interest rate has been enhanced to 9.5%

Regards
Prasanna Kumar

gokul1969
15-09-2010, 07:59 PM
The interest declared is by EPFO applicable to employees of private sector

Gokul

prasannakumar
15-09-2010, 08:35 PM
The interest declared is by EPFO applicable to employees of private sector

Gokul

I hurried in posting this thread without confirmation of the news. Thank you for correcting

Prasanna Kumar

jaleelethiyil
16-09-2010, 05:58 PM
I hurried in posting this thread without confirmation of the news. Thank you for correcting

Prasanna Kumar

Respected sir,
As interest of EPF is increased whether we can expect the same in GPF or not.

mayihelpyouonline
16-09-2010, 07:26 PM
It is right time to raise demand of 9.5% for GPF.

prasannakumar
16-09-2010, 07:48 PM
Respected sir,
As interest of EPF is increased whether we can expect the same in GPF or not.

Normally GPF and EPF interest rates are similar. Let us hope the govt. will modify the GPF interest rate also

Prasanna Kumar

RKPATHAK
16-09-2010, 09:31 PM
Rate of GPF interest still continue to 8%

jaleelethiyil
16-09-2010, 11:17 PM
Normally GPF and EPF interest rates are similar. Let us hope the govt. will modify the GPF interest rate also

Prasanna Kumar
Respected sir,
I'am also hoping the same. But as per newspaper report the increase of interest is linked to the performance of EPFO after correcting the account.

gokul1969
17-09-2010, 06:28 AM
The declaration of interest on GPF is not linked to the declaration of interest by EPFO. EPFO has been paying interest of 8.5% for the last 5 years and previously it was 11%. However interest of GPF is only 8% for the last several years.

ajitmeitei27
17-09-2010, 07:05 PM
Govt has increase the interest rate of EPF from 8.5 to 9.5 %. What is the difference between EPF(Employees Provident Fund) & GPF (General provident fund) ?

RKPATHAK
17-09-2010, 08:47 PM
EPF is applicable for industries whereas GPF is for Central Govt employees

bcs123
01-10-2010, 04:11 PM
Sir,
what about ppf. what is its present interest rate and whether the enhancement applicable for ppf also

RKPATHAK
01-10-2010, 09:21 PM
There is no change in PPF rates

mitthan
18-03-2011, 09:40 PM
who decides the rate of interest for ppf and gpf? how it is linked with epf?

SASI
19-03-2011, 07:27 AM
Interest on GPF and PPF is decided by the Finance Ministry. Changes are introduced through Annual Budget only. It has no connection with the interest of EPF which is determined by the Central Board of Trustees of EPF.

sasi