In a bad new for the employees, government has decided to cut interest rate on Employees' Provident Fund (EPF) from 9.50 per cent to 8.25 per cent in 2011-12.

The 1.25 per cent cut in the interest r

May 16: Giving relief to 4.71 crore subscribers of EPFO, the government has allowed tax exemption on the 9.5 per cent interest income on PF deposits for 2010-11. The finance ministry notification las

April 3: Private provident fund trusts have enough surplus to be able to pay over 9.5 per cent interest on PF deposits, says an analysis by the Employees’ Provident Fund Organisation’s (EPFO). Some o

Jan. 3: The retirement fund manager Employees Provident Fund Organisation (EPFO) would soon replace provident fund account number with unique identification number for better management efficiencies.