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Decrements In EPFO Interest Rates

Decrements In EPFO Interest Rates

Decrements In EPFO Interest Rates
November 10
04:29 2017

Gooogle News Team | The Provident Fund subscribers are going to have less interest rates on their retirement carpus.The government is planning to reduce it from 8.65%(previous year) to 8.5% this year. In this context there is a meeting going to be held between Government board trustees and Provident fund organizations on this November 23 as per declared by the official sources. Though provident fund is going to get reduced there would be a heavy rise in returns it seems. The main reason behind this is to turn up this as an investment for equity as per the statement given by the higher official.

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