EPFO may slash FY20’s interest rate; payout of 8.5% unlikely as PF contributions fall - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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EPFO may slash FY20’s interest rate; payout of 8.5% unlikely as PF contributions fall

The 8.5% interest rate declared in March has not yet been approved by the finance ministry. The labour ministry can notify the rate only after the finance ministry approves it.

from Stocks-Markets-Economic Times
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