Presently 8.25 percent premium will be accessible on PF
On saving Rs 1 lakh, you will get Rs 8,250 interest. New Delhi (EMS). Presently you will get 8.25 percent premium on the sum saved in Workers Opportune Asset account. The Focal Leading body of Legal administrators of the Workers Fortunate Asset Association has suggested this in its 235th gathering on Saturday. It will be carried out after the endorsement of the public authority. This will help in excess of 6 crore representatives of the country. Work and Business Pastor Bhupendra Yadav has given this data on Saturday. If you have Rs 1 lakh deposited into your EPF account following the introduction of the new rates, you will receive an annual interest rate of Rs 8,250. The EPFO set the EPF interest rate at 8.15 percent in March of last year. Under the EPFO Act, 12% of the worker’s fundamental compensation in addition to DA goes into the PF account. The organization likewise contributes 12% of the representative’s fundamental compensation in addition to DA. Out of the organization’s 12% commitment, 3.67 percent goes to the PF account and the excess 8.33 percent goes to the benefits plot