Punjab govt announces 8.7 percent interest rate on PF, CPF

Chandigarh/June 6
Punjab government on Thursday announced interest rate on Provident fund (PF), Contributory Provident fund (CPF) and likewise funds to 8.7 percent annually.
A Punjab government spokesperson said that the new interest on PF and CPF will be applicable from 1-4-2013 and information regarding this has been issued to the concerned department heads and officers.