New Delhi: Good news for EPF subscribers. The Employees’ Provident Fund Organisation has hiked interest rate on the deposits of employees’ provident fund to 8.15 percent for the financial year 2022-23. The decision was taken at the meeting of the Central Board of Trustees on Tuesday. This is a 0.05 percent hike than the previous year interest rate. About five crore subscribers will be benefitted with this decision. The interest rate for FY 2021-22 was at four-decade low of 8.1 percent.
Comments are closed.