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Business News›Wealth›Invest›EPFO declares 8.15 pc as rate of interest on employees' provident fund for 2022-23
EPFO declares 8.15 pc as rate of interest on employees' provident fund for 2022-23
Retirement fund body EPFO fixed 8.15 per cent rate of interest on employees' provident fund (EPF) deposits for 2022-23 at its meeting on Tuesday. In March 2022, EPFO had lowered the interest on EPF for 2021-22 to an over four-decade low of 8.1 per cent for its about five crore subscribers, from 8.5 per cent in 2020-21.
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