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EPFO Slashes Interest Rate On Deposits To 8.50% For Financial Year 2019-20
The Employees' Provident Fund Organisation (EPFO) on Thursday slashed the interest rate on provident fund deposits to 8.50% for FY20 (2019-20) from an earlier 8.65% in FY19 (2018-19). "The EPFO has decided to provide 8.5 per cent interest rate on EPF deposits for 2019-20 in the Central Board of...