None

StaffCorner

 ☰
20 Dec, 2014 06:08 AM

Govt ratifies 8.75% as FY15 EPFO interest rate

Govt ratifies 8.75% as FY15 EPFO interest rate The EPFO subscribers will get 8.75 per cent interest on their deposits for the current fiscal.

The Finance Ministry has ratified the rate for 2014-15, after a decision was taken to retain the interest payout at this level by the Central Board of Trustees of the Employees’ Provident Fund Organisation, sources said.

As per the practice, EPFO trustees’ decision gets implemented after the concurrence of the Finance Ministry.

Following the ratification by the Finance Ministry, the decision would now be notified by the Labour Ministry as also by the Income Tax Department.



Whatsapp Share Button

⌂ Go to StaffCorner.com Home Page



Latest in Important News
Latest in Other News Sections


StaffCorner brings you the latest authentic Central Government Employees News.
About us | Privacy Policy | Terms and Conditions | Archives