PF accounts to get lower returns this year

Mar 13

PF accounts to get lower returns this year

Around 61 million subscribers of the Employees Provident Fund Organisation (EPFO) are likely to get lower returns on their deposits this year. The Union ministry of finance has, for the second time, recommended an interest rate of 8.25 per cent for 2011-12; it was 9.5 per cent for 2010-11.
http://www.business-standard.com/india/news/pf-accounts-to-get-lower-returns-this-year/467575/

 

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