EPFO may lower interest rate on provident fund deposits for this fiscal
The Employees' Provident Fund Organisation (EPFO) is likely to cut interest rate on the grounds that it is directly crediting exchange trade funds (ETF) units into provident fund accounts and lower yields on other investments, particularly bonds.
Nov 26, 2017, 12:25 PM IST
PF deposits to fetch 8.65% interest for fiscal 2016-17
The Finance Ministry is believed to have permitted the Labour Ministry to go ahead with 8.65 percent rate of interest on employees' provident fund for 2016-17, which will benefit over four crore EPFO members.
Apr 16, 2017, 11:26 AM IST
Government's U Turn on EPF
The government could give 8.8% interest rate on 2015-16 EPF. to know more watch the full news story.
Apr 29, 2016, 22:28 PM IST
Modi govt revises EPF interest rate again; hikes it to 8.8%
This is the third rollback on EPF. Last month the government was forced to withdraw the Budget proposal to tax a certain portion of withdrawals.
Apr 29, 2016, 17:31 PM IST
Third PF roll-back: Govt raises EPF interest rate to 8.8% from 8.7%
In yet another roll back, Finance Ministry has retracted its earlier decision of lowering the EPF interest rate for 2015-16, and agreed to return to 8.8 percent as earlier.
Apr 29, 2016, 15:41 PM IST
