Approval of the rate of interest @8.25% on EPF accumulations for the Financial Year 2023-24 by GoI
Dear all,
Your association is sharing herewith the letter issued by Ministry of Labour and Employment, Govt. of India vide Letter No. R-11018/01/2023-SS-II dated 24th May 2024 regarding approval of the rate of interest on EPF accumulations for the Financial Year 2023-24.
As per the letter, it is hereby conveyed the approval of the Central Government under Para 60 (1) of the Employee’s Provident Funds Scheme, 1952 for crediting interest @ 8.25% on EPF accumulations for the Financial Year 2023-24 to account of each member of the scheme.
To view the letter, PLEASE CLICK HERE.
This is for your kind information.
Thanking you,
With regards,
For Silvassa Industries & Manufacturers Association
Narendra Trivedi,
General Secretary
