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EPFO disburses Rs 48,000 crore Covid advance to over 22 million subscribers in 3 years

As per the draft Annual Report 2022-23, EPFO disbursed Rs 17,106.17 crore in 2020-21 benefitting 6.92 million beneficiaries, Rs 19.126.29 crore in 2021-22 to 9.16 million beneficiaries and Rs 11,843.23 crore to 6.20 million beneficiaries in 2022-23.

EPFO: 22 55 crore subscribers credited with interest of 8 50% for FY21

The 8.5 per cent of interest on provident fund deposits for the last financial year was decided by the EPFO's apex decision making body Central Board of Trustees (CBT) headed by Labour Minister in March this year.

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