EPFO revises the rate of interest of Staff Provident Fund with effect from April 01, 2020

Apr 13, 2020 | by Avantis RegTech Legal Research Team

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Labour Compliance

The Employees’ Provident Fund Organisation (EPFO) on April 10, 2020, announces that accumulation at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 7.1% during the year 2020-2021 with effect from April 01, 2020 to June 30, 2020.

The funds concerned are as follows:-

1) The General Provident Fund (Central Services)

2) The Contributory Provident Fund (India)

3) The All India Services Provident Fund

4) The State Railway Provident Fund

5) The General Provident Fund (Defence Services)

6) The Indian Ordinance Department Provident Fund

7) The Indian Ordinance Factories Workmen’s Provident Fund

8) The Indian Naval Dockyard Workmen’s Provident Fund

9) The Defence Services Officers Provident Fund

10) The Armed Forces Personnel Provident Fund

[HRD/3(2)2012/SPF]


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