EPFO fixes PF interest rate at 8.25% for 2023-24 at 3-year high
In March 2021, the Central Board of Trustees (CBT) decided the 8.5% interest rate on EPF deposits for 2020-21.
In March 2021, the Central Board of Trustees (CBT) decided the 8.5% interest rate on EPF deposits for 2020-21.
Earlier, the Reserve Bank of India (RBI) announced the status quo on the repo rate maintaining it at February level of 6.5 per cent.
The Uttar Pradesh Electricity Regulatory Commission (UPERC) is expected to announce the revised power tariff by the first week of June, official sources said.
If the proposal is approved by the State Government, for every 100 km, the fare will go up by Rs 25.
The order adds that the average overall nominal increase over the previous tariff last revised in 2016-17 is 8%.
An official spokesperson said in 2015, a total of 15,55,440 beneficiaries were given Rs 1000 per month, whereas today the number of beneficiaries has increased to 28,57,529 and the pension has increased to Rs 2500 per month.
The price pause came after fuel prices rose consistently for the past seven days taking the rates to all-time high levels. The prices of petrol and diesel remained steady on 4 October, but saw a hike after that.
The daily review and revision of prices is based on the average price of benchmark fuel in the international market in the preceding 15-days, and foreign exchange rates.
We compute a steep increase in domestic gas price to US$6.6-7.6/mn BTU for 1HFY23E, driven by the recent steep increase in global gas prices and anticipated higher futures curve in the coming months,"
Addressing their concern, the minister of State for Home Nityanand Rai said that the legislation was not against any religion or NGO.
