The reduction in statutory rate of contribution from 12% to 10% for wage months May, June and July 2020 Ministry of Labour & Employment Lower rate of EPF subscription 10% with EPFO notified placing higher liquidity in the hands of employees and employers during COVID -19 pandemic Government Sector, their PSEs and establishment whose subscription … Read more
Employees Provident Fund Organization (EPFO) does not invest in shares and equities of individual companies Where is EPFO fund invested? 85 per cent of the EPFO Funds in Debt instruments and 15 percent of the investment is made in Exchange Traded Funds (ETFs). As per Central Govt Notification, the investment in ETFs is made based … Read more
PPF Interest Rate Oct 2019 – 7.9% (SBI and HDFC PPF Interest Rate Calculation and Calculator 2019-20) Govt Notified Revised Interest Rate of Public Provident Fund (PPF) from 1.10.2019 – 7.9.% The rate of interest for Public Provident Fund (PPF) from 1.10.2019 to 31.12.2019 is 7.90 percent. PPF Interest 7.9% continues… The interest rates of … Read more
EPF Rate of Interest 8.65% Central Board of Trustees, EPF recommends crediting of 8.65% rate of interest on Accumulations in the EPF Member’s Account for the year 2018-19 The 224th meeting of the Central Board of Trustees, EPF was held here today under the chairmanship of Union Minister of State for Labour and Employment (I/C) … Read more
Employees Provident Fund (EPF) Rate of Interest Employees Provident Fund (EPF) is one of the best savings scheme is mandatory in organized sector working over 20 employees. The Current Rate of Interest is 8.50% per annum for FY 2019-20 EPF Interest Rate History List EPF Interest Rate 1952-53: 3.00% EPF Interest Rate 1953-54: 3.00% EPF … Read more