Sunday, 25 August 2019

Modi government can give jobs to big news, EPFO ​​can be a big change

Modi government can give jobs to big news, EPFO ​​can be a big change

EPFO jobs can deliver great news to individuals within the next 7 days.  According to the information received, the Narendra Modi Government may announce the notification of fixing the interest rates of EPF account holders at 8.65% for the year 2018-19.

It is worth mentioning that till date there was no consensus on interest rates in the Ministry of Finance and Labor.  So the matter was still stuck.  There are now reports that interest rates have been compromised in both the ministries.  Therefore, it is suspected that notifications may be issued within the next 7 days.

 Interest rate tracking

 The interest rate on EPF was 8.55 percent in FY 2017-18, which has been increased to 8.65 percent.  Earlier in 2016-17, EPFO ​​had reduced the financial year to 8.65 percent from 8.8 percent in 2015-16.  If the notification has been issued by EPFO, 8.65% interest on your deposits in Employee Provident Fund (EPF) will be given in FY 2018-19.

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