Provident Fund Rate Slashed To Four-Decade Low Of 8.1%, Say Sources | Read

PUBLISHED ON: March 12, 2022 | Duration: 2 min, 07 sec

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Employees' provident fund interest rate for 2021-22 has been slashed from the existing 8.5 per cent to 8.1 per cent for 2021-22 on Saturday. This is the lowest rate since 1977-78, when it was 8 per cent, labour ministry sources said. There are around five crore subscribers of employees provident fund organsation (EPFO).

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