The EPFO has proposed cutting down the interest rate on provident fund deposits from 8.5 per cent in 2020-21 to 8.1 per cent for 2021-22.
Good news for the Employees’ Provident Fund Organisation (EPFO) subscribers as the Labour Ministry has rejected a proposal from the Finance Ministry to slash interest rate offered by the EPFO. After the Finance Ministry reduced interest rate on General Provident Fund (GPF) and other similar funds to 7.9 per cent from 8 percent for the […]
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