New Delhi: The Centre on Friday fixed Employees’ Provident Fund (EPF) interest rate at 8.1 percent for financial year 2022. The Ministry of Labour and Employment has conveyed approval of the Central Government to credit 8.1 percent of interest for 2021-22 to each member of the EPF scheme, an EPFO Office order said. The interest…
Provident Fund interest rate to be hiked to 8.65 percent
August 31, 2019New Delhi: The Labour Ministry will soon notify 8.65 percent rate of interest on Employees’ Provident Fund (EPF) for 2018-19, said Labour Minister Santosh Gangwar yesterday. Over six crore subscribers will be benefited. The notification would enable retirement fund body Employees’ Provident Fund Organisation (EPFO) to settle on withdrawal claims on this rate. Now, the…
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