What Led To The EPF Rate Hike And What It Means For Your Retirement
by Personal FN Financial Advisor/Consultant
Personal FN Financial Advisor/Consultant
Good news for approximately 6 crore Indians!
For FY 2018-19, Employees' Provident Fund Organisation (EPFO) has recommended the interest rate of 8.65% on Employees' Provident Fund (EPF) deposits. This is just 10 basis points (bps) higher than what it recommended in the previous year.
What a pleasant surprise for EPFO subscribers. This was unexpected, as the EPFO was expected to retain the interest rate of 8.55% for FY 2018-19.
https://www.personalfn.com/fns/what-led-to-the-epf-rate-hike-and-what-it...
Feb 27th 2019 00:25
Good news for approximately 6 crore Indians!
For FY 2018-19, Employees' Provident Fund Organisation (EPFO) has recommended the interest rate of 8.65% on Employees' Provident Fund (EPF) deposits. This is just 10 basis points (bps) higher than what it recommended in the previous year.
What a pleasant surprise for EPFO subscribers. This was unexpected, as the EPFO was expected to retain the interest rate of 8.55% for FY 2018-19.
https://www.personalfn.com/fns/what-led-to-the-epf-rate-hike-and-what-it...
Feb 27th 2019 00:25
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