EPFO likely 2 set 8.5% rate for Depositors

Guneet Kaur (Asst Manager) (326 Points)

18 March 2010  

 

EPFO likely 2 set 8.5% rate for Depositors

The country’s largest retirement fund manager EPFO’s trustees are likely to announce next month 8.5 per cent interest rate for over 4.71 crore depositors for 2010-11.

 

The EPFO’s apex body CBT headed by Labour Minister Mallikarjun Kharge is scheduled to meet on April 9 and approve 8.5 per cent rate of return on PF deposits for 2010-11, a Labour Ministry source sa

 

Full article on www.forum4finance.com