Centre approves 8.15% interest rate under EPF Scheme
Central Board of Trustees in March had recommended an 8.15% interest rate for FY23; it is higher than the 8.1% approved in FY22
Central Board of Trustees in March had recommended an 8.15% interest rate for FY23; it is higher than the 8.1% approved in FY22
EPFO subscribers can now opt for higher pensions by applying jointly with their employers.
The EPFO has now allowed subscribers and their employers to jointly apply for higher pensions under the Employees' Pension Scheme (EPS).
Net job addition declined to 16.94 lakh in August from 18.2 lakh in July, while it stood at 18.3 lakh in June, 16.8 lakh in May, and 15.3 lakh in April.