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News
provident fund deposits
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.
PF deposits
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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