RETIREMENT fund body Employees’ Provident Fund Organisation (EPFO) on Tuesday hiked interest rate on employees’ provident fund(EPF) to 8.15% for 2022-23 from 8.1% in the previous year.
The Central Board Trustees (CBT)’s recommendation involves distribution of more than ₹90,000 crore in the members’ account on the total principal amount of about ₹11 lakh crore, which was ₹77,424.84 crore and ₹9.56 lakh crore, respectively in the FY 2021-22, the Ministry of Labour and Employment said.
The total income recommended for distribution is highest till date and last year’s 8.1% was the lowest in four decades.
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Esta historia es de la edición March 29, 2023 de The New Indian Express.
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Dindigul dairy firm denies allegations on quality of ghee supplied to TTD
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Odisha Literary Fest to start today, 14 women achievers to get Devi Awards
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Pondy man duped of ₹1 lakh in child adoption scam
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Container with ₹35 cr worth PCs stolen at Chennai Port, 6 held
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Fishermen plan rail roko on new Pamban bridge inauguration day
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5.7L youth got jobs in past 3 yrs: TN
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Sexually harassed by cops, woman tells rights panel
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Counsellor held under Pocso Act
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'Cambridge has trained 6L students under Naan Mudhalvan scheme'
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CSE WANTS REPOWERING POLICY TWEAKED TO CAPITALISE ON STATE'S WIND CAPACITY
CENTER for Science and Environment (CSE) released a fresh report titled 'Accelerating Wind Repowering in Tamil Nadu at a meeting on Thursday, saying, \"Tamil Nadu's wind repowering policy needs to be improved for maximising the state's wind energy capacity.