Since FY02, the EPFO has not declared the interest rate of more than 10%. For FY01, it had fixed the interest rate at 11%, and in the 1990s, the subscribers used to get even higher returns.
"We can give higher interest rates, if EPF generates higher returns from its investments, and the most appropriate route for that is to expand exposure in equities," said the official.
Bu hikaye Financial Express Bengaluru dergisinin December 18, 2024 sayısından alınmıştır.
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Bu hikaye Financial Express Bengaluru dergisinin December 18, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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