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Wednesday, December 16, 2015

Interest Rate on PF Deposit May Be Raised for FY16

Interest Rate on PF Deposit May Be Raised for FY16: The EPFO is likely to hike the interest rate on PF deposits for 2015-16, from 8.75 per cent fixed for the last two financial years, during its trustees' meet today."Though the proposal for fixing rate of interest on PF deposits is not listed on agenda, the EPFO's apex decision making body the Central Board of Trustee (CBT) can announce rate in its meeting scheduled," said a source.The source furth....
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