May 2018

Notification on Declaration Of PF Rate Of Interest For EPF Members Account For The Year 2017-18

As per EPFO notification dated 25th May 2018, the EPFO has conveyed the approval of the Central Government via The Ministry of Labour and Employment to credit interest at 8.55% for the year 2017-18 to the account of each member of the EPF Scheme as per the provisions under Para 60 of EPF Scheme, 1952.

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Notification of Administrative Charges revised under The Employees Provident Funds Scheme

The Ministry of Labour and Employment Department in consultation with the central board has revised the administrative charges from 0.65% to 0.50% with effect from 1st June 2018 under Employees Provident Funds Scheme.

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