EPFO Board recommends 8.65% interest rate for 2018-19
EPFO Board recommends 8.65% interest rate for 2018-19
Published:
Employees
ADVERTISEMENT
New Delhi, Feb 21 (IANS) The Employees' Provident Fund Organisation (EPFO) board has recommended an interest rate of 8.65 per cent for 2018-19, 10 basis points higher over the previous fiscal.
In the financial year 2017-18, the interest rate was 8.55 per cent.
This is the first time since 2015-16 that the interest rate has been raised.
--IANS
rrb/vd
(This story was auto-published from a syndicated feed. No part of the story has been edited by The Quint.)
(At The Quint, we are answerable only to our audience. Play an active role in shaping our journalism by becoming a member. Because the truth is worth it.)
SCROLL FOR NEXT