-
Aug 27, 2014
-
EPFO retains 8.75% interest for FY15
The Employees Provident Fund Organisation (EPFO) decided on Tuesday to retain a 8.75 per cent interest rate on the deposits for its 50 million -plus subscribers in 2014-15.
The decision was taken at a meeting of its Central Board of Trustees (CBT), chaired by Union labour minister Narendra Singh Tomar.
It had provided a 8.75 per cent rate of interest for 2013-14 as well, higher than the 8.5 per cent declared the previous year.
Source -
http://www.business-standard.com
|