On March 12, 2022, The Central Board of Trustees, Employees’ Provident Fund Organization (“EPFO“) in its 230th meeting recommended 8.10% interest on provident fund deposits for the financial year 2021-22. The interest rate would be officially notified in the official gazette of Government of India following which EPFO would credit the rate of interest into its subscribers’ accounts.
![EPFO slashed Interest rate to 8.1% for FY 21-22](https://www.businessmanager.in/wp-content/uploads/2022/03/EPFO_slashed_Interest_rate_to_8.1_for_FY_21-22_ls1wxz-768x432.jpg)
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