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Interest rate on EPF News

29 Apr 2016

Government's U Turn on EPF

29 Apr 2016

Modi govt revises EPF interest rate again; hikes it to 8.8%

This is the third rollback on EPF. Last month the government was forced to withdraw the Budget proposal to tax a certain portion of withdrawals.

29 Apr 2016

Third PF roll-back: Govt raises EPF interest rate to 8.8% from 8.7%

In yet another roll back, Finance Ministry has retracted its earlier decision of lowering the EPF interest rate for 2015-16, and agreed to return to 8.8 percent as earlier.

27 Apr 2016

Finance Ministry defends lower interest rate on EPF, cites lack of funds

Employee unions have called a nationwide protest on April 29, against the Finance Ministry's move to fix EPF interest rate at 8.7 percent for 2015-16, lower than 8.8 percent sought by Employee Provident Fund Organisation (EPFO) and 8.75 paid for the previous fiscal.

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