EPFO likely to declare rate of interest on EPF deposits for 2020-21 on March 4

Speculation is rife that the EPFO may lower interest on provident fund deposits for this fiscal (2020-21), from 8.5 per cent it provided for 2019-20,in view of more withdrawals and lesser contribution by members during this fiscal mainly due to the COVID-19 pandemic.

from Personal Finance News-Wealth-Economic Times https://ift.tt/3pkZV9X