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Provident fund deposits News

EPFO subscribers

27 Nov 2017

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.

16 Feb 2016

EPFO brings cheer to 6 cr subscribers; PF interest rate hiked to 8.8% for FY 2015-16

In an effort to bring cheers to its more than 6 crore subscribers, retirement fund body EPFO on Tuesday announced to hike interest rate on PF deposits to 8.8 percent for this fiscal, which is higher compared to 8.75 percent provided in previous two fiscals.

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