Home INDIA & BEYOND INDIA EPFO Board recommends 8.65% interest rate for 2018-19

EPFO Board recommends 8.65% interest rate for 2018-19

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New Delhi: The Employees’ Provident Fund Organisation (EPFO) board has recommended an interest rate of 8.65 per cent for 2018-19, 10 basis points higher over the previous fiscal.

In the financial year 2017-18, the interest rate was 8.55 per cent.

This is the first time since 2015-16 that the interest rate has been raised.

(IANS)