Wednesday, June 13, 2012

Govt to give 8.8% interest on PF


Raipur, June 12, 2012

Government has hiked interest rate on provident fund for its employees by 0.2 percent and it will give interest of 8.8 percent to them on provident fund (PF) in the current fiscal. In this connection, a directive has been formally issued by Secretariat on Tuesday. Notably, the decision to hike interest rate on PF had been taken during the meeting of Cabinet committee chaired by Chief Minister Raman Singh.


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