EPFO fixes 8.5% interest on EPF deposits for 2020-21

Retirement fund body EPFO on Thursday decided to retain 8.5 per cent rate of interest on provident fund deposits for the current financial year. EPFO has more than five crore active subscribers. Continue Reading

EPFO likely to credit 8.5% interest on EPF by December

Retirement fund body EPFO is likely to credit 8.5 per cent rate of interest for 2019-20 in the employees’ provident fund (EPF) accounts of around six crore subscribers in one go by the end of  December. Continue Reading

Post-lockdown, EPFO sees 8 million subscribers withdrawing Rs 30,000 crore

Around eight million employees have withdrawn their savings under the Employees Provident Fund (EPF) between April and July, during the Covid-19 induced lockdown in the country. Continue Reading