EPF interest hiked to 9.5%

It is really a good news. Over 4.4 crore workers and employees of both public and private sectors would enjoy this benefit. :)

However pleasing the news might be to the ears of us the dwindling return of PF corpus is a matter of great concern for the trustees and it remains to be seen how long the rate of interest is kept at this level.

That is good news about the rate..hope to see more improvement..Thanks for sharing Nagalakshmi :)

I think this thread was pushed back and it was not noticed. :( :ohmy:

Yes,Nagalakshmi,now we have more activities,more topics and some time relevant ones are not noticed properly.

It is really a good news for all public sector and private sector employees. Atleast, people are forced to save this way. :) :)

But the million dollar question is how this fund going to generate sufficient income to pay interest at this rate? It's more of a political decision!

Hi! Nagalakshmi garu, Its really good news for the workers and employees.

very good news for the workers and employees....thanks for sharing lakshmi....

:woohoo: :woohoo: :woohoo: :woohoo: