Question : DIFFERENT INTEREST RATES ON EPF



(a) whether the Government proposes to offer different rates of interest on Employees Provident Fund (EPF) for different EPF deposits; and

(b) if so, the details thereof alongwith the interest rates fixed for the purpose?

Answer given by the minister


MINISTER OF THE STATE IN THE MINISTRY OF LABOUR AND EMPLOYMENT (SHRI HARISH RAWAT)

(a): No, Madam. A common rate is declared for all the Employees’ Provident Fund subscribers, irrespective of the balance accumulated in the individual EPF accounts of the members.

(b): Does not arise in view of (a) above.