Thursday, March 5, 2020

PF rates slashed to 7-Year Low of 8.5%

The proposed rate is 15 basis points lower than 8.65% announced for FY 2018-19. The finance ministry will have to vet the interest rate of 8.5% agreed upon by CBT before it is notified by the labour ministry.

from Personal Finance News-Wealth-Economic Times https://ift.tt/3czFNvt

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