EPF rate hike likely in bonanza for salaried employees
6 years, 2 months ago

EPF rate hike likely in bonanza for salaried employees

Live Mint  

New Delhi: Retirement fund manager Employees’ Provident Fund Organisation may raise interest rates from the current level of 8.55%, bringing cheer to millions of employees in the organized sector. “It’s an important year and we are making the last round of calculations before announcing the EPF rate in late January.” Prabhakar Banasure, a member of EPFO’s central board of trustees, confirmed that there was little scope for reducing the interest rate and asserted that efforts would be made to increase the return for subscribers. The second government official cited earlier said that though the EPF interest rate is typically declared in December, the slight delay this time was because the account audit was still on. The official added that the EPF interest rate for 2018-19 would be in line with what the government had announced in recent times—a nearly 50% hike in incentives for front-line health workers, including those working at Integrated Child Development Scheme centres and the decision to make the National Pension System withdrawals tax-free.

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History of this topic

How EPF balance ensures financial security? 5 benefits to know
5 days, 9 hours ago

How EPF balance ensures financial security? 5 benefits to know

India Today  

Keeping a sufficient balance in your Employee Provident Fund is not only about saving money. As of now, the EPF interest rate stands at 8.25% per annum, making it a solid long-term investment. EMERGENCY FINANCIAL SUPPORT An EPF balance is also a safety net in tough times. INSURANCE COVERAGE Many people are unaware that EPF also provides life insurance under …

EPFO retains 8.25 pc interest rate on employees' provident fund deposits for 2024-25
3 weeks, 2 days ago

EPFO retains 8.25 pc interest rate on employees' provident fund deposits for 2024-25

Deccan Chronicle  

New Delhi: Retirement fund body EPFO on Friday retained an interest rate of 8.25 per cent on employees' provident fund deposits for 2024-25, sources said.In February 2024, the Employees' Provident Fund Organisation had increased the interest rate on EPF marginally to 8.25 per cent for 2023-24, from 8.15 per cent in 2022-23. "The EPFO's apex decision making body Central Board …

EPFO retains 8.25% interest rate on employees' provident fund deposits for 2024-25: Report
3 weeks, 2 days ago

EPFO retains 8.25% interest rate on employees' provident fund deposits for 2024-25: Report

Hindustan Times  

The interest rate on employees' provident fund deposits has remained unchanged at 8.25% for 2024-25, PTI reported. The Employees' Provident Fund Organisation, which manages the EPF accounts of over seven crore subscribers, had increased the EPF interest rate from 8.15% in 2022-23 to 8.25% in 2023-24. EPFO has reportedly set an interest rate of 8.25% on EPF deposits for 2024-25, …

EPFO retains 8.25% interest rate on employees' provident fund deposits for 2024-25
Trending News
3 weeks, 2 days ago

EPFO retains 8.25% interest rate on employees' provident fund deposits for 2024-25

India Today  

The Employees’ Provident Fund Organisation has kept the interest rate on employees’ provident fund deposits unchanged at 8.25% for 2024-25, according to sources. In February 2024, EPFO had slightly raised the interest rate to 8.25% for 2023-24 from 8.15% in 2022-23. Back in March 2022, EPFO had cut the interest rate to 8.1% for 2021-22, the lowest in over 40 …

EPFO interest rate 2024-25: Panel retains 8.25 per cent interest rate on EPF deposits
3 weeks, 2 days ago

EPFO interest rate 2024-25: Panel retains 8.25 per cent interest rate on EPF deposits

India TV News  

EPFO interest rate 2024-25: Panel retains 8.25 per cent interest rate on EPF deposits EPFO interest rate 2024-25: The retirement fund body marginally increased the interest rate of EPF to 8.25 per cent for 2023-24 in February last year. The Employees’ Provident Fund Organisation on Friday retained an interest rate of 8.25 per cent on employees’ provident fund deposits for …

EPFO retains 8.25 pc interest rate on employees’ provident fund deposits for 2024-25
Top News
3 weeks, 2 days ago

EPFO retains 8.25 pc interest rate on employees’ provident fund deposits for 2024-25

Live Mint  

New Delhi, Feb 28 Retirement fund body EPFO on Friday retained an interest rate of 8.25 per cent on employees’ provident fund deposits for 2024-25, sources said. In February 2024, the Employees' Provident Fund Organisation had increased the interest rate on EPF marginally to 8.25 per cent for 2023-24, from 8.15 per cent in 2022-23. "The EPFO's apex decision making …

Don't miss these money deadlines in March 2025: Special FDs, ITR, and more
3 weeks, 2 days ago

Don't miss these money deadlines in March 2025: Special FDs, ITR, and more

India Today  

As the financial year ends on March 31, 2025, there are several important financial tasks you should complete to save on taxes, secure high FD rates, and activate your UAN for EPF-linked insurance. SPECIAL FIXED DEPOSITS The reduction in the repo rate from 6.50% to 6.25% by the Reserve Bank of India has led several banks to lower their FD …

EPFO panel to discuss higher pension, new interest rate, changes in insurance scheme
3 weeks, 2 days ago

EPFO panel to discuss higher pension, new interest rate, changes in insurance scheme

The Hindu  

A meeting of the Central Board of Trustees of the Employees’ Provident Fund Organisation, scheduled here on Friday, will discuss the interest rate to be recommended for PF deposits for the coming financial year and review the implementation of the Supreme Court order on higher PF pension. Another major issue before the CBT is the implementation of the Supreme Court’s …

PF new rule: EPFO mulling measures to offer consistent interest rate on 65 million provident fund deposits; how it works
1 month ago

PF new rule: EPFO mulling measures to offer consistent interest rate on 65 million provident fund deposits; how it works

Live Mint  

PF new rule: Your Provident Fund contributions may earn a stable interest soon as the government is considering creating an interest stabilisation reserve fund for the Employees’ Provident Fund Organisation. Based on the study results to mobilise an interest stabilisation reserve fund, EPFO subscribers may get consistent interest rates irrespective of what the retirement body earns as the return on …

Government may set up reserve fund for stable EPFO interest rates: Report
1 month ago

Government may set up reserve fund for stable EPFO interest rates: Report

India Today  

The government is exploring ways that will offer Employees Provident Fund Organisation members with consistent interest rates, thereby shielding them from market volatility, reported The Economic Times. The labour and employment ministry is conducting an internal study to explore the creation of an interest stabilisation reserve fund under the EPFO, they added. He added that with the establishment of the …

EPFO likely to maintain 8.25% interest rate on PF deposits
1 month, 1 week ago

EPFO likely to maintain 8.25% interest rate on PF deposits

India Today  

The Employees' Provident Fund Organisation is likely to keep the interest rate on provident fund deposits above 8% and more so around 8.25%, similar to the previous year. People familiar with the matter have hinted that EPFO’s investment and the accounts' committee will review the organisation’s income and expenditure for this financial year and suggest a rate that not only …

Will EPF pension be raised soon? Here are parliamentary panel’s recommendations
3 months ago

Will EPF pension be raised soon? Here are parliamentary panel’s recommendations

Live Mint  

The Parliamentary Standing Committee on Labour recently recommended that the government raise the minimum pension, which currently stands at ₹1,000, given by the Employee Provident Fund Organisation under its Employee Pension Scheme. In its report tabled in Parliament on December 16, the panel noted that over a decade has passed since the minimum pension of ₹1,000 per month was implemented. …

EPFO to offer ATM withdrawals for savings, new features from Jan 2025: official
3 months, 1 week ago

EPFO to offer ATM withdrawals for savings, new features from Jan 2025: official

Hindustan Times  

New Delhi: The Employees’ Provident Fund Organisation subscribers will soon have easier access to their savings with new ATM withdrawal facilities. From January 2025, they will be able to withdraw funds up to a specified limit using an EPFO account-linked ATM card, along with other features to improve access, said an official on Saturday. EPFO subscribers will be able to …

EPFO key amendments: Now faster claims and more interest benefits for members
3 months, 1 week ago

EPFO key amendments: Now faster claims and more interest benefits for members

India Today  

The Employees Provident Fund Organisation has introduced major changes to provide financial relief and faster claim settlement for Employees Provident Fund members. KEY UPDATE ON INTEREST PAYMENTS EPFO announced that the Central Board of Trustees has approved an important amendment to paragraph 60 of the EPF Scheme, 1952. BENEFITS FOR EPF MEMBERS Speaking to The Economic Times, Puneet Gupta, Tax …

EPFO 3.0: ATM Access To PF And Removal Of 12% Contribution Cap On The Cards: Report
3 months, 2 weeks ago

EPFO 3.0: ATM Access To PF And Removal Of 12% Contribution Cap On The Cards: Report

ABP News  

The Employees' Provident Fund Organisation is set to introduce a series of transformative features under its proposed upgrade, EPFO 3.0. These changes, aimed at enhancing accessibility and flexibility for members, include ATM-enabled withdrawals, removal of the current contribution cap, and pension conversion options, according to a report by ET Now. Key Highlights of EPFO 3.0 PF Withdrawals via ATMs: The …

EPFO 3.0 may allow ATM withdrawal of PF, scrap 12% contribution limit: Report
3 months, 2 weeks ago

EPFO 3.0 may allow ATM withdrawal of PF, scrap 12% contribution limit: Report

Hindustan Times  

The Employee Provident Fund Organisation is planning to upgrade to a new version called EPFO 3.0. This will include features like withdrawing provident fund money from ATMs, contributing more than the current 12% limit, and converting PF savings into a pension, ET Now reported. However, discussions regarding all of the new features and policy changes for EPFO 3.0 are currently …

EPFO board pitches amnesty plan for PF payment violations
3 months, 3 weeks ago

EPFO board pitches amnesty plan for PF payment violations

Hindustan Times  

In a key decision, the central board of trustees of the Employees’ Provident Fund Organisation, in its 236th meeting chaired by labour minister Mansukh Mandaviya on Saturday, approved reinvesting 50% of its redemption proceeds from exchange traded funds back into equities. The board also recommended to the Union government a national EPFO amnesty scheme 2024 for all types of employers …

EPFO update: Central Board of Trustees meet to decide on proposals — ETF investment increase to 15%? Details here
3 months, 3 weeks ago

EPFO update: Central Board of Trustees meet to decide on proposals — ETF investment increase to 15%? Details here

Live Mint  

The Employees Provident Fund Organisation's Central Board of Trustees is set to meet today, November 30, to decide on various proposals, according to a Business Today report citing sources. The proposals under discussion include the redemption policy for increased investments in equity traded funds, re-investment of ETF proceeds, guidelines for investments into real estate investment trusts, and the annual performance …

Two ways for the EPFO to give itself an image boost
4 months, 1 week ago

Two ways for the EPFO to give itself an image boost

Live Mint  

The proof of a retiral kitty’s worth is in the retiring. Since a surge in bogus claims after EPFO processes went online seems like a minor explanation at best, the organization must release data in more granular detail—and sooner—for a clearer picture of the scenario. Moreover, the government’s move to tax employee contributions to the fund above ₹2.5 lakh each …

EPF interest delays: How it impacts compounding and tax filing
4 months, 1 week ago

EPF interest delays: How it impacts compounding and tax filing

Live Mint  

Chennai-based Sudarshan Jain was in for a shock when he checked his Employee Provident Fund passbook in August this year. “EPFO considers the previous year's declared rate of interest to process the claim. If the present year rate of interest is higher than the previous year, to that extent, member will be in loss of interest," he said. If EPFO …

EPFO Raises PF Withdrawal Limit: New Rule Allows Higher Payout for Personal Needs
6 months ago

EPFO Raises PF Withdrawal Limit: New Rule Allows Higher Payout for Personal Needs

News 18  

The Employees’ Provident Fund Organisation has raised the one-time withdrawal limit for provident fund accounts to Rs 1 lakh, doubling the previous limit of Rs 50,000. The EPFO manages the provident fund, pension, and insurance schemes for the organised sector employees in India, primarily through the Employees’ Provident Fund scheme. Mandaviya also announced another key update: the government has relaxed …

When will EPF interest be credited for FY 2023-24? All you need to know about it
10 months, 3 weeks ago

When will EPF interest be credited for FY 2023-24? All you need to know about it

India TV News  

In a move welcomed by salaried workers, the Employees’ Provident Fund Organisation raised the interest rate on provident fund deposits for the Financial Year 2023–24 from 8.15% to 8.25%. Interest calculated monthly, and deposits expected soon EPFO calculates interest on provident fund deposits monthly, with the contributions deposited at the end of the fiscal year. Checking EPF balance: Easy methods …

EPF interest calculation: Your guide to understanding EPF account interest
1 year ago

EPF interest calculation: Your guide to understanding EPF account interest

India TV News  

The Employees’ Provident Fund stands as a crucial retirement savings scheme facilitated by the Central government, catering to both salaried employees and private sector workers. Declared EPF interest rate The annual EPF interest rate is announced by the Employees’ Provident Fund Organisation. For the financial year 2023-24, the EPF interest rate stands at 8.25%. Calculation method EPF interest is compounded …

EPF interest hiked to 3-year high of 8.25%
1 year, 1 month ago

EPF interest hiked to 3-year high of 8.25%

Deccan Chronicle  

New Delhi: Ahead of general elections, the interest rate paid on employee provident fund was on Saturday hiked to 8.25 per cent for fiscal year ending March 31, the highest in three years.The central board of trustees of the Employees' Provident Fund Organisation recommended to the finance ministry for raising the interest rate for nearly 8 crore contributing subscribers, the …

EPFO Fixes Interest Rate For Employees' PF At 8.25% For 2023-24
1 year, 1 month ago

EPFO Fixes Interest Rate For Employees' PF At 8.25% For 2023-24

ABP News  

The Employees’ Provident Fund Organisation fixed the interest rate on employees’ provident fund at 8.25 per cent for 2023-24, media agency reported citing anonymous sources. Earlier in March 2023, the retirement fund body increased the interest rate on EPF marginally to 8.15 per cent for 2022-23, while the same stood at 8.10 per cent in the preceding 2021-22 period. Notably, …

EPFO hikes interest rate to 8.25 per cent on employees' provident fund, highest in three years
1 year, 1 month ago

EPFO hikes interest rate to 8.25 per cent on employees' provident fund, highest in three years

India TV News  

Retirement fund body Employees' Provident Fund Organisation has hiked the interest rate on deposits to 8.25 per cent from 8.15 per cent. In March 2023, the Employees' Provident Fund Organisation had increased the interest rate on EPF marginally to 8.15 per cent for 2022-23 from 8.10 per cent in 2021-22. The 8.5 per cent interest rate on EPF deposits for …

EPFO fixes 8.25 pc interest rate on employees' provident fund for 2023-24
1 year, 1 month ago

EPFO fixes 8.25 pc interest rate on employees' provident fund for 2023-24

New Indian Express  

NEW DELHI: Retirement fund body EPFO on Saturday fixed a three-year high interest rate of 8.25 per cent on employees' provident fund deposits for 2023-24. In March 2023, the Employees' Provident Fund Organisation had increased the interest rate on EPF marginally to 8.15 per cent for 2022-23 from 8.10 per cent in 2021-22. "The EPFO's apex decision making body Central …

Tech tips: Check your EPF balance online| Follow these simple steps
1 year, 7 months ago

Tech tips: Check your EPF balance online| Follow these simple steps

India TV News  

The Employees' Provident Fund is a significant retirement savings scheme that is mandatory for all employees in India earning up to Rs 15,000 per month. Another convenient option is to use the UMANG application, also known as the "m-Sewa app of EPFO." Here's how: Open the UMANG application and look for "EPFO" under "Employee Centric Services" on the home screen. …

Centre ratifies 8.15% interest rate on EPF for 2022-23
1 year, 7 months ago

Centre ratifies 8.15% interest rate on EPF for 2022-23

Deccan Chronicle  

New Delhi: The government has ratified the rate of interest at 8.15 per cent rate on deposits under the Employees Provident Fund scheme for the financial year 2022-23. Retirement fund body EPFO on March 28, 2023, had marginally raised the interest rate on employees' provident fund deposits to 8.15 per cent for 2022-23 for its over six crore subscribers. As …

Centre hikes EPFO interest rate for FY22-23 to 8.15%
1 year, 7 months ago

Centre hikes EPFO interest rate for FY22-23 to 8.15%

Op India  

On the 24th of July, the Union government announced a hike in the interest rate on deposits under the Employees Provident Fund scheme for the financial year 2022-2023. According to a circular issued on Monday, 24 July, the EPFO said the Ministry of Labour and Employment has conveyed the approval of the central government about the increased EPF interest rate. …

Govt hikes interest rate on Employees Provident Fund for 2022-23 to 8.15%
1 year, 7 months ago

Govt hikes interest rate on Employees Provident Fund for 2022-23 to 8.15%

Hindustan Times  

The government has ratified the rate of interest at 8.15 per cent rate on deposits under the Employees Provident Fund scheme for the financial year 2022-23. Retirement fund body EPFO on March 28, 2023, had marginally raised the interest rate on employees' provident fund deposits to 8.15 per cent for 2022-23 for its over six crore subscribers. As per an …

EPF Update: Govt Approves 8.15% Interest Rate for Fiscal 2023-24; Details Here
1 year, 7 months ago

EPF Update: Govt Approves 8.15% Interest Rate for Fiscal 2023-24; Details Here

News 18  

The central government has approved to credit interest at 8.15 per cent to the Employees’ Provident Fund scheme for 2023-24. The EPFO’s Central Board of Trustees on March 28 set an 8.15 per cent interest rate on provident fund for this fiscal. According to an Employees’ Provident Fund Organisation office order issued on Monday, July 24, the labour ministry has …

As EPFO higher pension scheme deadline arrives, check eligibility, interest rate and other details
1 year, 10 months ago

As EPFO higher pension scheme deadline arrives, check eligibility, interest rate and other details

Hindustan Times  

The Employees’ Provident Fund Organisation has set May 3 as the last date to submit an application for higher pension under the Employees' Pension Scheme. Employees who became members before 1 September 2014 and continue to be one can apply for higher pension. Documents to submit Employees should share an agreement to allow the transfer of funds from the provident …

EPFO fixes 8.15% interest rate on employees' provident fund for fiscal 2022-23
1 year, 11 months ago

EPFO fixes 8.15% interest rate on employees' provident fund for fiscal 2022-23

India TV News  

Employees' Provident Fund Organisation on Tuesday fixed an 8.15% rate of interest on employees’ provident fund deposits for the fiscal year 2022-23. According to reports, this was the lowest since 1977-78, when the EPF interest rate stood at 8% "The Employees’ Provident Fund Organisation’s apex decision-making body Central Board of Trustees has decided to provide an 8.15% rate of interest …

EPFO fixes 8.15% interest rate on provident fund
1 year, 11 months ago

EPFO fixes 8.15% interest rate on provident fund

Hindustan Times  

The Employees Provident Fund Organisation, the retirement fund manager to India’s nearly 70-million-strong salaried class, has fixed an 8.15% interest rate on employees’ provident fund for 2022-23, a member of its Central Board of Trustees told HT. Provident fund savings are mandatory under the Employees Provident Funds and Miscellaneous Provisions Act. Provident fund savings are mandatory under the Employees Provident …

EPFO fixes 8.15% interest rate on employees' provident fund for 2022-23
1 year, 11 months ago

EPFO fixes 8.15% interest rate on employees' provident fund for 2022-23

India Today  

The retirement body fund Employees Provident Fund Organisation on Monday fixed the employees’ provident fund for 2022-23 at 8.15 per cent, reported news agency PTI quoting sources. The fresh rate is 0.5 per cent higher than the 8.1 per cent interest rate EPFO had declared for 2021-22, which also was the lowest in almost four decades. “The Employees’ Provident Fund …

EPFO Fixes 8.15% Interest Rate On EPF For 2022-23
1 year, 11 months ago

EPFO Fixes 8.15% Interest Rate On EPF For 2022-23

News 18  

The Employees’ Provident Fund Organisation has fixed 8.15% interest rate on Employees’ Provident Fund for the financial year 2022-23. “The Employees’ Provident Fund Organisation’s apex decision making body Central Board of Trustees has decided to provide 8.15 per cent rate of interest on EPF for 2022-23 at its meeting on Tuesday,” news agency PTI quoted a source as saying. The …

EPFO marginally hikes interest rate on deposits to 8.15 %
1 year, 11 months ago

EPFO marginally hikes interest rate on deposits to 8.15 %

The Hindu  

After a two-day meeting of the Central Board of Trustees of the Employees’ Provident Fund Organisation, which ended here on Tuesday, it was decided to recommend an increase of 0.05% in the interest for Provident Fund deposits. A government release said the interest rate would be officially notified in the government gazette after the approval of the Ministry of Finance, …

EPFO likely to decide rate of interest on employees’ provident fund deposits for FY23 by March 28
1 year, 11 months ago

EPFO likely to decide rate of interest on employees’ provident fund deposits for FY23 by March 28

The Hindu  

The retirement fund body EPFO is likely to announce the rate of interest on employees' provident fund deposits for 2022-23 at its two-day meeting beginning Monday. "The Employees' Provident Fund Organisation's apex decision-making body Central Board of Trustees is likely to decide the rate of interest on EPF for 2022-23 at its two-day meeting beginning on Monday afternoon," a source …

2-day EPFO board meeting from today: List of issues likely to be taken up
1 year, 11 months ago

2-day EPFO board meeting from today: List of issues likely to be taken up

Hindustan Times  

The Central Board of Trustees of the Employees Provident Fund Organisation will convene in New Delhi on Monday for a 2-day meet, during which they are expected to discuss a host of issues, including the interest rate for the financial year 2023-24. Higher pension: The board may hold detailed discussions regarding the higher pension option for subscribers after the Supreme …

EPF Interest Rate Likely To Be Revised Down To 8%, EPFO Board Meet May Decide Today
1 year, 11 months ago

EPF Interest Rate Likely To Be Revised Down To 8%, EPFO Board Meet May Decide Today

News 18  

The interest rate on the employees’ provident fund is likely to be revised, even as the retirement fund body EPFO’s board meets on Monday. According to an ET report recently, the government might peg the interest rate on PF deposits at about 8 per cent for the financial year 2022-23, as compared with 8.1 per cent currently. For 2021-22, the …

EPF Interest Credit: Member Accounts Of 98% Contributory Firms Updated Till Mar 6, Check Details
2 years ago

EPF Interest Credit: Member Accounts Of 98% Contributory Firms Updated Till Mar 6, Check Details

News 18  

Employees’ provident fund member accounts of 98% of contributory firms or establishments have been updated with the latest interest credit till March 6, 2023, Parliament was informed on Monday. “This is an ongoing process, which has been taken up in a scheduled manner post development of software and by March 6, 2023, the process has been completed in respect of …

EPF Board meet pushed to March 27-28
2 years ago

EPF Board meet pushed to March 27-28

The Hindu  

The government on Monday announced the deferral of a meeting of the Employees’ Provident Fund Organisation board, where it is expected to finalise the EPF rate to be paid on crores of formal sector workers’ retirement savings in its custody for 2022-23. Chaired by Union Labour and Employment Minister Bhupender Yadav, the board of trustees of the EPFO was earlier …

EPF Interest 2021-22, Trustees Flag Non-Credit Issue; Check Latest Update
2 years, 1 month ago

EPF Interest 2021-22, Trustees Flag Non-Credit Issue; Check Latest Update

News 18  

Retirement fund body EPFO’s trustees, including those representing employers as well as workers, have raised the issue of non-credit of interest on employees’ provident fund for 2021-22 even after its ratification in June last year. The Employees Provident Organisation’s Central Board of Trustees, headed by Union Labour Minister Bhupender Yadav, in March 2022 approved an 8.1 per cent rate of …

Wait for interest credit for 2021-22 prolongs for lakhs of EPF subscribers
2 years, 1 month ago

Wait for interest credit for 2021-22 prolongs for lakhs of EPF subscribers

The Hindu  

Nearly two years after the Budget 2021-22 introduced a tax on annual Employees’ Provident Fund contributions of over ₹2.5 lakh, implementation challenges continue to affect lakhs of EPF members with interest dues for that year still not credited into their accounts. Since then, the Employees’ Provident Fund Organisation has split EPF passbooks for 2021-22 into taxable and non-taxable contributions, but …

EPFO subscribers expected to receive entire PF interest amount after Diwali: Reports
2 years, 5 months ago

EPFO subscribers expected to receive entire PF interest amount after Diwali: Reports

Firstpost  

The finance ministry said earlier this month that the interest amount is being credited into subscribers’ accounts and if it wasn’t apparent in the account statements, it was because the EPFO software is being upgraded Good news for EPFO subscribers! The interest is expected to be credited into subscribers’ accounts by the end of this month, according to media reports. …

EPFO mulls increasing equity exposure limit to 25% days after cut in interest rate
2 years, 9 months ago

EPFO mulls increasing equity exposure limit to 25% days after cut in interest rate

India TV News  

EPFO mulls increasing equity exposure limit to 25% days after cut in interest rate EPF Interest Rate: It was in 2015 when the EPFO was first allowed to start investing in equities, but with a limit. If reports are to go by, the EPFO is actively planning to raise the equity exposure from 15 per cent to 25 per cent, …

EPF Interest At 4-Decade Low: Here're Current Rates Offered By PPF, NSC, Kisan Vikas Patra
2 years, 9 months ago

EPF Interest At 4-Decade Low: Here're Current Rates Offered By PPF, NSC, Kisan Vikas Patra

News 18  

The government has ratified a four-decade-low interest rate of 8.1 per cent on employees’ provident fund deposits for 2021-22. Post office savings deposits offer an interest rate of 4 per cent per annum, while time deposits of the tenure 1-3 years offer 5.5 per cent per annum. National Saving Certificates and Kisan Vikas Patra are offering annual interest rates of …

EPF still top scorer despite cut in interest rate to 40-year low - 5 Reasons
2 years, 9 months ago

EPF still top scorer despite cut in interest rate to 40-year low - 5 Reasons

India TV News  

EPF Interest Rate 2021-22, EPF Interest Rate Cut: The Employees’ Provident Fund Organisation, responsible for regulation and management of provident funds in the country, has cut the interest rate on EPF to a 40-year-low of 8.1 per cent for the financial year 2021-22, causing more pain to the salaried class at a time when inflation is at an 8-year-high. A …

Govt Approves 8.1 Per Cent Interest Rate On EPF Deposits For 2021-22, Lowest In Four Decades
2 years, 9 months ago

Govt Approves 8.1 Per Cent Interest Rate On EPF Deposits For 2021-22, Lowest In Four Decades

ABP News  

New Delhi: The central government has approved 8.1 per cent rate of interest on employees' provident fund deposits for 2021-22, an over four-decade low, for about five crore subscribers of retirement fund body EPFO, reported by the PTI. Earlier in March this year, the Employees' Provident Fund Organisation had decided to lower the interest on provident fund deposits for 2021-22 …

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