EPFO urges employers to avail of Employee Enrolment Scheme
A nationwide awareness campaign has been initiated to inform employers about the benefits and provisions of the scheme.
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.
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This is the first time since 2015-16 that the interest rate has been raised.
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