Good News - EPFO 2019-20 Employees Provident Fund

EPFO's 2019-20 Employees Provident Fund i.e. EPF account will pay 8.5% interest to the account holders

Good News - EPFO's 2019-20 Employees Provident Fund i.e. EPF account will pay 8.5% interest to the account holders

The year 2020 is a huge problem year for people. However, with this, people have learned various techniques and techniques.

Whether it is a strategy to work or a strategy to survive. Along with this, India has learned a lot from going through this situation. India is now moving towards something bigger.

Meanwhile, towards the end of the year, that is, towards the end of the month, good news has come from the government for the people which will benefit many people in India.

This means that the Employees Provident Organization i.e. EPFO's 2019-20 Employees Provident Fund i.e. EPF account will pay 8.5% interest to the account holders together from the end of December.

EPFO's plans are great news for all employees across India. Even before that the EPF had planned to make 2 per cent for citizens.

The first 8.15% installment and the second 0.35% installment will be available.

But the current Labor Ministry has proposed an installment of 8.5 per cent of the full interest on the EPF account for 2019-20 from the beginning of December.

It is hoped that the Finance Ministry will approve the proposal in a few days. That's why EPF account holders can get the full percentage of money by December.

Did you know that the Finance Minister wanted some clearance of EPF of interest from the previous year. Where all the answers were given.

The EPF of the CBT Virtual Meeting in September deprived it of the benefit of paying the physical 8.5 per cent interest of the previous year.

At this meeting, the Central Board of Trustees promised to pay 8.5% interest. Seeing the situation in 2020, people are going from work to job. And there's a lot of difference between business.

That's why he is thinking of handling the whole matter in one installment without having to worry about two installments. In other words, the whole interest is thinking of giving the book of EPF.

And this plan will be very important good news for the people.

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