PF

Closing EPF Accounts

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Ministry of Labour & Employment Closing EPF Accounts There is no such proposal to close the inoperative Employees Provident Fund accounts. However, from 1st April, 2011, interest is not being credited to the account of a member from the date on which it has become inoperative account. As per un-audited Annual Accounts of the Employees’ … Read more

EPFO for 9.5 pc interest on PF; not to invest in bourses

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EPFO for 9.5 pc interest on PF; not to invest in bourses The EPFO on Tuesday stuck to its decision that about 4.71 crore subscribers of the pension fund should get one per cent increase in interest on their deposits for 2010-11, pegging the rate of interest at 9.5 per cent. The Central Board of … Read more