The EPFO in its meeting on 26 August 2014 has declared 8.75% interest for EPF Account holders for the year 2014-15, as in last year. The demand of the central unions to icrease the interest to 9.5% was not accepted. At the same, the EPFO proposal to give 8.7% interest was strongly opposed by unions and could not be implemented.
8.75% interest declared for EPF Accounts
27 Wednesday Aug 2014
ABDUS SABUR AHMED said:
SHOULD BE INCREASED