Finance Ministry may agree for 9.5% PF interest soon
February 19th, 2011
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NEW DELHI: The tussle between the Labour and the Finance Ministries on the payment of 9.5 per cent interest instead of 8.5 per cent to the employees’ Provident Fund (PF) subscribers for 2010-11 may end smoothly next week, with the Finance Ministry reversing its “objection” for the new rate and pave way for issuing a notification by month end.
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Finance Ministry may agree for 9.5% PF interest soon
Categories: cent-interest, employees, Finance, may-end, payment, the-employees, the-payment, tussle-between