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Earn 9.5% interest on Provident Fund soon

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  • Published On: February 15, 2011
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The Employees' Provident Fund Organisation (EPFO) has decided to raise the interest rate for provident fund by 1 per cent to 9.5 per cent. The higher rates would be applicable to provident fund deposits for the 2010-11 fiscal. However, the decision needs a nod from the Finance Ministry before it becomes applicable.
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