OTHER GROUP COMPANIES
market

EPFO to provide 8.75% interest on PF deposits for FY14

The EPFO is expected to have an income of Rs. 207.96 billion in the current financial year

January 13, 2014 3:15 IST | India Infoline News Service
Retirement fund body EPFO (EMPLOYEES' Provident Fund Organisation) on Monday decided to increase the rate of interest on Provident Fund deposits to 8.75% for 2013-14, according to a media report.

The Central Board of Trustees, which is the apex decision-making body of the EPFO, met today and approved the interest rate, the report added.

The EPFO is expected to have an income of Rs. 207.96 billion in the current financial year.

OPEN A DEMAT ACCOUNT & Get
FREE Benefits Worth 5,000

FEATURED ARTICLE

BLOGS

Open Demat Account
  • 0

    Per Order for ETF & Mutual Funds Brokerage

  • 20

    Per Order for Delivery, Intraday, F&O, Currency & Commodity