The Central Board of Trustees of the Employee Provident Fund Organization (EPFO) retirement fund body recommended that the interest rate for fiscal year 2020-21 be kept at 8.5 percent. This rate, the same as last year, is the lowest offered by EPFO in eight years. The board meeting chaired by …
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NEW DELHI : The central board of the Employee Provident Fund Organization (EPFO) said on Wednesday that it will pay the 8.5% interest to EPF subscribers for 2019-20 in two installments. The pension fund body has decided to first credit an interest of 8.15% in the subscribers’ account, while the …
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[ad_1] The central government has announced an economic package that supposedly represents about 10 percent of India’s gross domestic product (GDP). GDP is a measure of the economic size of a country. India’s GDP is around Rs 200 lakh crore. This is how 10 percent of that results in Rs …
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