Finance ministry tells EPFO to not announce interest rate without its approval
The ministry flagged that the provident fund body had slipped into a deficit in 2021-’22 even as it had initially projected a surplus.
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The ministry flagged that the provident fund body had slipped into a deficit in 2021-’22 even as it had initially projected a surplus.
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
At 8.1 per cent rate of interest on employees' provident fund deposits for FY22, the interest rate would be the four-decade low