The government has decided to reduce the Public Provident Fund interest rate by 0.01 per cent with effect from April 1. According to a Finance Ministry statement issued, the post office saving scheme PPF’s interest rate which is currently 8.8 per cent has been slashed down by 0.01 per cent standing at 8.7 per cent […]
The Employees’ Provident Fund Organisation (EPFO) is a Government body in India that administers a compulsory contributory Provident Fund Scheme, Pension Scheme and an Insurance Scheme. Under this, employees are protected against savings from their regular income. Each month, a sum of money is deducted from an employee’s salary by his / her company’s HR […]
