The Finance Ministry will take the final call on this fiscal's interest rates for Provident Fund deposits.

Due to differences between representatives of employees and employers, the Employees' Provident Fund Organisation, EPFO has forwarded different suggestions to the Finance Ministry for the final decision.

This was stated by the Labour and Employment Minister Mallikarjun Kharge while talking to reporters after a meeting of the Central Board of Trustees, CBT in New Delhi on Friday.

CBT is the highest policy making body on employees' provident fund. The EPFO has suggested to pay the rate of interest at the rate of 8.25 per cent for the fiscal.

The trade union members have insisted that it should be 9.5 percent while the representatives of employers wanted the interest rate to be fixed at 8.5 percent.

The Finance Ministry's decision on this issue will affect 4.7 crore provident fund subscribers. The EPFO had paid 9.5 per cent interest to its members during 2010-11.