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Entire EPF interest amount likely to be credited today

The Employees' Provident Fund Organisation (EPFO) was likely to credit the interest for 2019-2020 into subscribers' EPF accounts on Thursday, an EPFO official said.

In September, the EPFO had proposed splitting the 8.5% interest into two instalments of 8.15% and 0.35% due to the economic crisis caused by the COVID-19 pandemic.

However, the EPFO has now been given approval by the Finance Ministry to credit the entire amount, according to sources.

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Printable version | Dec 31, 2020 11:16:37 AM | https://www.thehindu.com/news/national/entire-epf-interest-amount-likely-to-be-credited-today/article33460418.ece

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