Explorer
EPF cuts interest rates on PF deposits to 8.5%
The Employees' Provident Fund Organisation (EPFO) on Thursday lowered the interest rate on provident fund deposits to 8.50 per cent for the financial year 2019-20, Union Minister for Labour and Employment Santosh Gangwar said on Thursday. In the last fiscal, 2018-19, the interest rate was at 8.65 per cent. Post this interest rate cut, salaried employees will get 15 basis points (bps) lower returns on their provident fund deposits this fiscal. The decision was taken at the just concluded meeting of the central board of trustees of EPFO.
India
Haryana Clash: DGP Visits Injured Cops as Action Assured Against Ambala Protesters
BREAKING NEWS: Rahul Gandhi, Kharge Skip Red Fort Ceremony | 80th Independence Day 2026
Youth Focus: PM Modi’s AI Training, Free Coaching & Sports Talent Hunt | Independence Day 2026
PM Modi Red Fort Speech: Gen Z, AI Push & Viksit Bharat 2047 | 80th Independence Day
Independence Day: PM Modi’s 77-Minute Speech Focuses on Youth, Women’s Reservation & ‘Sapt Dhara’
View More
Top Headlines
India
CJP Claims Instagram Account Taken Down On I-Day; Abhijeet Dipke Slams 'Bloody Cowards'
India
'Hathiyari Naxals' Gone, But Beware Of 'Dimagi Naxals': PM Modi On Independence Day
India
PM Modi Announces Free Online Coaching For Competitive Exams, AI Training For 1 Cr Youth On I-Day
World
7.7-Magnitude Earthquake Jolts Eastern Indonesia, Tsunami Warning Issued
Trending News
