- HIGHEST IN 3 YEARS
The rate will be officially notified after the mandatory approval by the finance ministry, and subsequently, EPFO will credit the funds-₹1.07 trillion to over 65 million subscribers' accounts.
The interest accrued on a principal amount of about ₹13 trillion for 2023-24. In the previous fiscal year, the distributed amount was ₹91,151 crore on a principal amount of ₹11.02 trillion.
Post the distribution, the retirement fund body would be left with a surplus of about ₹280 crore, which is lower than about the ₹664 crore surplus in 2022-23, sources said. At an interest of 8.2%, the surplus left with EPFO would have been around ₹900 crore, they said.
هذه القصة مأخوذة من طبعة February 11, 2024 من Financial Express Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة February 11, 2024 من Financial Express Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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