EPF INTEREST RATE REDUCED AGAIN.

As per the reply given by the Minister of Labour and Employement, Shri.Santosh Kumar Gangawar in Parliament on 12-03-2018, the rate of interest for Employees Provident Fund is reduced to 8.55% for the year 2017-18. It was 8.65% for the last year, 2016-17.

The government has no hesitation to deny the due and genuine benefits to the workers while granting so many concessions to the rich and the corporate.