Provident Fund Rate Cut To 4-Decade Low, Minister Cites Market Situation

Name: Provident Fund Rate Cut To 4-Decade Low, Minister Cites Market Situation
Uploaded: 2022-03-15T04:55:03+00:00
Duration: 3 min 21 s
Channel: National Herald
Description: Employees' provident fund #InterestRate for 2021-22 has been slashed from the existing 8.5 per cent to 8.1 per cent for 2021-22 on March 12. This is the lowest rate since 1977-78, when it was 8 per cent. The decision was made during a meeting of #EPFO's central board of trustees. The meeting was held in #Guwahati.<br />#EmployeeProvidentFund #FinanceMinistry #ProvidentFund<br />

National Herald

Employees' provident fund #InterestRate for 2021-22 has been slashed from the existing 8.5 per cent to 8.1 per cent for 2021-22 on March 12. This is the lowest rate since 1977-78, when it was 8 per cent. The decision was made during a meeting of #EPFO's central board of trustees. The meeting was held in #Guwahati. #EmployeeProvidentFund #FinanceMinistry #ProvidentFund

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