New PF Interest Rate
Finance Ministry today increased the the interest rate of Employees provident Fund. Earlier interest rate was 8.5 %. There is an increase of 1% in the interest rate.
This increase in interest rate of PF will benefit about 4.75 Lacs employees.
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Whether GPF interest rate also go up to 9.5%?
no, gpf interest remain same at 8%.
Govt. is not interested to benefit the govt employees.