In February, the retirement fund body, the Employees’ Provident Fund Organisation announced the interest rate on employees’ provident fund for FY2023-24, which it hiked by 10 basis points to 8.25% for the last fiscal year, the highest interest rate on EPF deposits in the last three years. According to EPFO, the process is on, and employees will get EPF interest …
I left my job recently after working there for five years and two months. —Name withheld on request Since your current employer is not covered under the Employees’ Provident Fund and Miscellaneous Provisions Act, 1952, it will be unable to establish a PF account on your behalf. Given the absence of a new PF account with your current employer, the …
