The move to cut interest rates on EPF deposits evoked strong reactions from central trade unions. While the BMS held demonstrations at 46 EPF offices across the country on Wednesday, other trade unions will hold similar protests on Friday.
Retirement fund body EPFO on Tuesday decided to provide interest on inoperative accounts from April 1, a move which will benefit over nine crore such account-holders having total deposits of over Rs 32,000 crore.
Employees Provident Fund interest retained at 8.75% – EDLI – Insurance under Employees Deposit Linked Insurance Scheme increased to Rs. 3.6 lakhs The Employee Provident Fund Organisation retained the interest payment on provident fund deposits for 2014-15 at 8.75%, same as the previous year, but decided against investing in equities. These decision were taken at […]
EPF Interest may be raised to 9 % for the year 2014-15 – EPF Interest for 2013-14 is 8.75% Retirement fund body EPFO is likely to provide nine per cent rate of interest on PF deposits for the current fiscal to its over five crore subscribers, slightly higher than 8.75 per cent paid in 2013-14. “The initial […]
EPF Interest fixed at 8.75 % for the Year 2013-14 – EPFO Central Board of Trustees decides in the meeting today Retirement fund body EPFO today decided to increase the rate of interest on Provident Fund deposits to 8.75 per cent for 2013-14, a move that will benefit about 5 crore subscribers. “We have decided […]
Employees Provident Fund Deposits may fetch 8.5% interest for the year 2013-14 – EPFO Meeting fixed on 4th October 2013
Employees covered by EPF (Employees Provident Fund) to get 8.5% interest for the year 2012-13on the deposits made
EPF Interest Rate likely to be fixed at 8.5% for the year 2012-13
The Employees’ Provident Fund Organisation is likely to add to the festive cheer by announcing an 8.8 per cent return on retirement savings for 2012-13, significantly higher than the 8.25 per cent set for the previous financial year.
The Employees’ Provident Fund Organisation likely to fix the interest rate for last fiscal (2011-12) at 8.6%