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60 million EPF subscribers to get 8.5% interest rate in FY21

60 million EPF subscribers to get 8.5% interest rate in FY21
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Central Board Of Trustees , Employee Provident Fund , Central Board , மைய பலகை ஆஃப் அறங்காவலர்கள் , ஊழியர் வருங்கால நிதி , மைய பலகை ,

Govt leaves EPFO interest rate unchanged in relief to the common man


Govt leaves EPFO interest rate unchanged in relief to the common man
EPFO’s announcement brings relief to nearly 60 million subscribers, many of whom save money via this method because of income tax benefits and security.
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8.5 percent interest rates on provident fund deposits for the financial year 2020-21.
The rate was decided by EPFO’s Central Board of Trustees held in Srinagar, presided by
Minister of State for Labour and Employment Santosh Gangwar.
EPFO also released a booklet titled ‘Response to Covid,’ highlighting the effort made by EPFO to innovate and deliver uninterrupted services to its stakeholders through the difficult time of the COVID-19 pandemic. Image Credits: PIB ....

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EPFO Extended Social Security Benefits To Subscribers Of JK And Ladakh


EPFO Extended Social Security Benefits To Subscribers Of JK And Ladakh
SRINAGAR: Consequent upon implementation of EPF & MP Act, 1952 in the UTs of Jammu and Kashmir and Ladakh w.e.f. October 31, 2019, EPFO has extended its provident fund, pension and insurance benefits to all employees of existing establishments covered under the erstwhile JK PF Act as well as the employees of newly covered establishments. EPFO has set up Regional Offices at Srinagar, Jammu and the facilitation center at Leh.
EPFO extended social security benefits to subscribers of JK and Ladakh
An official handout said that the 228th meeting of Central Board of Trustees, EPF was held today in Srinagar, Jammu & Kashmir under the chairmanship of Santosh Kumar Gangwar, Union Minister of State for Labour & Employment(Independent Charge), Vice-Chairmanship of Apurva Chandra, Secretary(L&E) and the Member Secretary Sunil Barthwal, Central PF Commissioner. ....

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