EPFO News Update: The festive season has started across the country at this time. Now the countrymen will express more happiness. At the same time, people doing business have suffered heavy losses during the Corona period. For which the state governments are moving ahead to help. If there are any PF subscribers in your house too, then this news is of great use to you. Governments help people in many ways. In such a situation, PF account holders are going to get great news.
If you work in any government organization or any private organization, then this news is of your use. You are going to get big news from EPFO. Which will help you financially. You do not need to wait much for this.
After the start of the festive season, now people’s eyes are on this. During the festive season, everyone from government organizations to private organizations make big offers before Diwali. In this way, it is expected that PF account holders can get interest before Diwali.
Interest can be transferred to the account of PF account holders at the rate of 8.5 percent. According to a news report, when the amount of dearness allowance will be transferred to the account of government employees. At the same time, the amount of interest can also be transferred to the accounts of PF account holders.
The Central Board of EPFO is going to pay interest at the rate of 8.5 percent. EPFO has sought a recommendation from the Finance Ministry for this. It is expected that the Finance Ministry will soon give its recommendation for this. For the financial year 2020-21, EPFO will transfer the amount to the account of the account holders and pensioners.
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