Speculation is rife that the EPFO may lower interest on provident fund deposits for this fiscal (2020-21), from 8.5% it provided for 2019-20
A decision related to the rates may be taken at the meeting of the EPFO central board of trustees scheduled to be held on March 4
Payout reflects the effect of pandemic
The amount of disbursals under COVID-19 claims to subscribers is a sizeable amount of over one fifth of the total disbursement during the period by th
EPFO, the retirement fund body, has over six crore members. It has credited interest of 8.5% for 2019-20 to its members. Members can view their accoun