News > 8.10% rate of interest for EPF subscribers for year 2021-22

8.10% rate of interest for EPF subscribers for year 2021-22

Taxguru | 15/03/2022 05:24 PM | Click to read full article

Employees' provident fund (EPF) interest rate was cut to a four-decade low of 8.1 per cent for 2021-22 fiscal. The interest rate on PF deposits was 8.5 per cent in the previous financial year. Subscribers are now awaiting the payment of interest on their PF accounts from the Employees Provident Fund Organisation (EPFO).

The interest rate would be officially notified in the government gazette following which EPFO would credit the rate of interest into its subscribers' accounts.

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