Will soon ratify EPF interest at 8.65 per cent: Union Labour Minister

[Informalisation and Labour Rights - Related News]

The finance ministry would soon ratify 8.65 per cent interest rate on employees' provident fund (EPF), Labour Minister Bandaru Dattatreya said here on Tuesday. There is no difference opinion on this issue between the labour and finance ministries, he added. "The labour ministry and the finance ministry's view is the same. There is no difference on 8.65 per cent rate of interest on EPF. It is in the process and I will pursue it personally," Dattatreya said.