Retirement fund body EPFO fixed 8.15 per cent rate of interest on employees provident fund (EPF) deposits for 2022-23 at its meeting on Tuesday. In March 2022, EPFO had lowered the interest on EPF for 2021-22 to an over four-decade low of 8.1 per cent for its about five crore subscribers, from 8.5 per cent in 2020-21
The Employees Proivident Fund Organization (EPFO) has declared a revised rate of interest on Employees Provident Fund for the year 2022-23. According to sources, the revised EPF rate for year 2022-23 is 8.15. The decision was taken at an meeting on March 27-28.
EPFO Interest Rate Latest Update: Even as the agenda of the meeting is unclear, it is expected that the CBT will discuss interest rate, higher pension, and annual financial estimates for the EPFO. aaa
Provident Fund Interest Rate: The decision on the PF interest rate for close to 60 million active subscribers of the Employee Provident Fund Organisation (EPFO) will be taken in the next Central Board of Trustee (CBT) meeting, starting on March 25.. aaa