{"id":226574,"date":"2020-03-05T18:16:37","date_gmt":"2020-03-05T12:46:37","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=226574"},"modified":"2020-03-05T18:16:37","modified_gmt":"2020-03-05T12:46:37","slug":"interest-rates-on-employee-provident-fund-has-been-reduced-to-8-05","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2020\/03\/05\/interest-rates-on-employee-provident-fund-has-been-reduced-to-8-05\/","title":{"rendered":"Interest rates on Employee Provident Fund has been reduced to 8.05%"},"content":{"rendered":"

As reported by media,<\/p>\n

Employees’ Provident Fund Organisation (EPFO) will pay interest at the rate of 8.5 per cent for the current financial year.<\/p>\n

This is lower than the 8.65% interest rate given on employees’ provident fund (EPF) deposits for the previous financial year 2018-19.<\/p>\n

Central Board of Trustees (CBT) of Employees Provident Fund Organisation (EPFO) has recommended an interest rate of 8.5 per cent on provident funds for Financial Year 2019-2020.<\/p>\n

\n

[Economic Times]<\/p>\n","protected":false},"excerpt":{"rendered":"

As reported by media, Employees’ Provident Fund Organisation (EPFO) will pay interest at the rate of 8.5 per cent for the current <\/p>\n","protected":false},"author":8808,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8051,2],"tags":[30711,30754,39879],"class_list":["post-226574","post","type-post","status-publish","format-standard","hentry","category-business_news","category-news","tag-epf","tag-epfo","tag-interest-rates"],"yoast_head":"\nInterest rates on Employee Provident Fund has been reduced to 8.05% | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2020\/03\/05\/interest-rates-on-employee-provident-fund-has-been-reduced-to-8-05\/\" \/>\n<meta property=\"og:locale\" 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