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Hi,
It is speculated in the media that the EPF Interest rate may come down to 8% as compared to last year interest of 9.5%.
Though this decision may not be acceptable to the trade unions, what do you personally feel???
R.Rajan
It is speculated in the media that the EPF Interest rate may come down to 8% as compared to last year interest of 9.5%.
Though this decision may not be acceptable to the trade unions, what do you personally feel???
R.Rajan
Hi All,
Well I must say that rate of interest is one of the major attraction that an employee opt for the PF deduction. And Trade Unions are in my openion right.
If the ROI is slashed down to 8% than PF would loose its major attraction and in that case employees whose Basic Salary is more than Rs. 6500/- may not opt for PF and than it will be a loss to the Govt. Fund.
Aditya
Well I must say that rate of interest is one of the major attraction that an employee opt for the PF deduction. And Trade Unions are in my openion right.
If the ROI is slashed down to 8% than PF would loose its major attraction and in that case employees whose Basic Salary is more than Rs. 6500/- may not opt for PF and than it will be a loss to the Govt. Fund.
Aditya
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Listed Under interest rate pf deduction trade unions basic salary epf interest City-India-Mumbai Country-India
BENEFITS UNDER EPF.ppt
EPF Interest 2008-2009.pdf
