News > Govt approves 8.1% interest on employee provident fund deposits

Govt approves 8.1% interest on employee provident fund deposits

Times Now | 03/06/2022 11:54 PM | Click to read full article

The Ministry of Finance has approved the reduced interest rate of 8.1% on employee public provident fund deposits for the year 2021-22.

The Employees' Provident Fund Organisation's ( EPFO's) apex decision making body Central Board of Trustees reduced rates for 2021-22 to a four-decade low of 8.1% in March this year from 8.5% in the previous fiscal.