Pf Interest

The Employees' Provident Fund Organisation (EPFO) has started crediting interest for the financial year 2022-23 (FY23) to the EPF accounts.

The Employees' Provident Fund Organisation (EPFO) has started crediting the interest to provident fund (PF) accounts, the government body said in a statement.

The government has ratified the rate of interest at 8.15 per cent rate on deposits under the Employees Provident Fund scheme for the financial year 2022-23.

Retirement fund body EPFO has recommended marginally increasing the interest rate to 8.15% for the current financial year from 8.1% in the previous year, the Ministry of Labour and Employment said on Tuesday.

The PF interest rate is decided every year by EPFO’s Central Board of Trustees (CBT) in consultation with the Ministry of Finance.

Delay in crediting interest for 2021-22 has caused concern that savers will be deprived of their PF (provident fund) interest.

Under the PF schemes, the employees contribute a small amount of their monthly income, which turns into a retirement corpus.

Want to know how to check your provident fund (PF) balance and the interest transferred into your account? Read on.

The circular said the TDS will be deducted when the interest is paid to an EPF account.

Employees' Provident Fund Organisation (EPFO) has reduced interest rates to the lowest in more than 40 years for the current financial year. The retirement fund body had decided to reduce the interest on provident fund (PF) deposits for 2021-22 to 8.1 per cent for the previous fiscal, 2020-21.

Employees' Provident Fund Organisation (EPFO) has reduced interest rates to the lowest in more than 40 years for the current financial year. On Saturday, the retirement fund body had decided to reduce the interest on provident fund (PF) deposits for 2021-22 to 8.1 per cent from 8.5 per cent in the previous fiscal, 2020-21.

Employees' provident fund interest rate was slashed to 8.1 per cent for 2021-22 on Saturday by the employees provident fund organisation (EPFO). Labour Minister Bhupender Yadav justified the retirement body's decision by citing the prevailing international and market situation.

Employees' Provident Fund Organisation (EPFO) has started crediting interest to more than 25 crore provident fund accounts earlier this month.

Employees' Provident Fund (EPF) is a mandatory contribution from the salary of an individual that every organization with more than 20 employees has to deduct.

In Budget 2021, the Finance Minister made the announcement regarding raising the limit to Rs 5 lakh in cases where employers do not make contributions to the provident fund.

The Employees' Provident Fund Organisation (EPFO) has started crediting interest for the financial year 2022-23 (FY23) to the EPF accounts.

The Employees' Provident Fund Organisation (EPFO) has started crediting the interest to provident fund (PF) accounts, the government body said in a statement.

The government has ratified the rate of interest at 8.15 per cent rate on deposits under the Employees Provident Fund scheme for the financial year 2022-23.

Retirement fund body EPFO has recommended marginally increasing the interest rate to 8.15% for the current financial year from 8.1% in the previous year, the Ministry of Labour and Employment said on Tuesday.

The PF interest rate is decided every year by EPFO’s Central Board of Trustees (CBT) in consultation with the Ministry of Finance.

Delay in crediting interest for 2021-22 has caused concern that savers will be deprived of their PF (provident fund) interest.

Under the PF schemes, the employees contribute a small amount of their monthly income, which turns into a retirement corpus.

Want to know how to check your provident fund (PF) balance and the interest transferred into your account? Read on.

The circular said the TDS will be deducted when the interest is paid to an EPF account.

Employees' Provident Fund Organisation (EPFO) has reduced interest rates to the lowest in more than 40 years for the current financial year. The retirement fund body had decided to reduce the interest on provident fund (PF) deposits for 2021-22 to 8.1 per cent for the previous fiscal, 2020-21.

Employees' Provident Fund Organisation (EPFO) has reduced interest rates to the lowest in more than 40 years for the current financial year. On Saturday, the retirement fund body had decided to reduce the interest on provident fund (PF) deposits for 2021-22 to 8.1 per cent from 8.5 per cent in the previous fiscal, 2020-21.

Employees' provident fund interest rate was slashed to 8.1 per cent for 2021-22 on Saturday by the employees provident fund organisation (EPFO). Labour Minister Bhupender Yadav justified the retirement body's decision by citing the prevailing international and market situation.

Employees' Provident Fund Organisation (EPFO) has started crediting interest to more than 25 crore provident fund accounts earlier this month.

Employees' Provident Fund (EPF) is a mandatory contribution from the salary of an individual that every organization with more than 20 employees has to deduct.

In Budget 2021, the Finance Minister made the announcement regarding raising the limit to Rs 5 lakh in cases where employers do not make contributions to the provident fund.