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PPF investment before April 5: Investing in PPF account before April 5 can earn the PPF account holder more interest. Making lumpsum investment for the entire year after this date will make a PPF investor to lose a month's interest. Read on to know how much you lose if an individual misses this date.
India Business News: PPF interest calculator: Investors in Public Provident Fund (PPF) accounts for the financial year 2024-25 should deposit before April 5 to maximize in
Has the central government increased the interest rate on small savings schemes for January-March 2024? Know latest savings schemes interest here
The increase in interest rate by the EPFO comes on the back of strong financial returns earned by the retirement fund body this year, including on its investments in equity, and almost negligible Covid-19 withdrawals, officials said. EPFO's earnings in 2023-24 stand at ₹13 lakh crore, up 17.97% from ₹11.02 lakh crore in 2022-23, the labour and employment ministry said in a statement.
Retirement fund body EPFO on Saturday fixed a three-year high interest rate of 8.25 per cent on employees' provident fund (EPF) deposits for 2023-24 EPF Interest Rate: Retirement Fund Body EPFO Fixes 8.25% Interest Rate on Employees’ Provident Fund for 2023–24.