Relief For 6 Cr EPF Subscribers | India Development Debate

Описание: The EPFO retains 8.5 % of interest on PF deposits for FY21. The move comes as a huge relief as speculations were rife that the interest rate would be reduced in light of the impact of the pandemic.
EPFO has more early six crore active subscribers. The Employees' Provident Fund Organisation's (EPFO) apex decision-making body Central Board of Trustees decided to fix
8.5% rate of interest for 2020-21 at its meeting in Srinagar on Thursday, according to sources. There were speculations that the EPFO would lower interest on provident fund deposits for this fiscal year (2020-21) from 8.5%. Watch the full debate with Tamanna Inamdar, Mrin Agarwal, Founder Director, Finsafe, and P V Subramanyam, CEO, WWW.SUBRAMONEY.COM here!

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