The Employees Provident Fund Organization (EPFO) decided on Wednesday to credit the interest rate to formal sector workers for 2019-20 in a phased manner, citing the impact of the coronavirus pandemic on their income. The EPFO will credit 8.15 percent to its subscribers for 2019-20 for now – significantly less …
Read More »5 years after entering the stock market, EPFO is still unclear on how to credit ETF units to underwriters
NEW DELHI: Five years have passed since the Employee Provident Fund Organization (EPFO) turned to investing in stocks, but it has yet to come up with a way to assign units of Exchange Traded Funds (ETFs) to its underwriters. EPFO has been investing in the stock market since August 2015 …
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