Month: October 2021

Govt approves 8.5% interest rate on EPF for FY21

The finance ministry has approved an 8.5% return on employees’ provident fund (EPF) deposits for 2020-21, a move that will impact over 6.4 crore subscribers. The rate was the same for 2019-20. The labour ministry will now notify the interest rate before the EPFO starts crediting the same into individual […]