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Govt Ratifies Curiosity Fee On PF Deposits At 8.25 Per Cent For FY 2024-25 | Economic system Information

Newz BabaMay 25, 202503 mins

New Delhi: The Centre has ratified the rate of interest on workers’ provident fund (PF) deposits at 8.25% for FY2024-25 — the identical because the earlier fiscal. In February, the Staff’ Provident Fund Organisation (EPFO) introduced to retain the rate of interest on workers’ provident fund deposits at 8.25% for FY25. The choice was taken…

EPFO Pension Alert! Will Govt Enhance Minimal Pension Quantity EPF Scheme? Verify What FinMin Stated | Private Finance Information

Newz BabaDecember 12, 202404 mins

New Delhi: Worker unions have lengthy advocated for growing the minimal pension quantity beneath the Staff’ Pension Scheme (EPS), 1995, with representations from workers and different stakeholders. Relating to a rise within the pension quantity, Member of Parliament Asaduddin Owaisi raised questions within the Lok Sabha about any proposal to extend the minimal pension quantity…