The Employees’ Provident Fund Organization (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 (Defense 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 Defense Services Officers Provident Fund
10) The Armed Forces Personnel Provident Fund

Click here for more EPFO Legal Updates: https://www.avantis.co.in/legalupdates/?Regulators=Employees%20Provident%20Fund%20Organisation
Avantis provides you all legal updates by Ministry of Labour and Employment for provident funds. Get latest news on Employees Provident Fund Organization (EPFO) updates on recent circulars, latest news EPF schemes. Legal and EPFO Regulatory and Statutory Compliance Updates for all Central, States regulators.

Please visit our website www.avantis.co.in or Call us at 8893594595 for details on compliance management software.