# Business

EPFO Board recommends 8.65% interest rate for 2018-19

This is the first time since 2015-16 that the interest rate has been raised.

IANS | New Delhi | February 21, 2019 6:01 pm

EPFO Board recommends 8.65% interest rate for 2018-19

The Employees’ Provident Fund Organisation (EPFO) board has recommended an interest rate of 8.65 per cent for 2018-19, 10 basis points higher over the previous fiscal.

In the financial year 2017-18, the interest rate was 8.55 per cent.

This is the first time since 2015-16 that the interest rate has been raised.

# India

EPFO extends date till January 31 for uploading details for pension on higher wages

Employees' Provident Fund Organisation (EPFO) on Wednesday gave final opportunity till January 31, 2025 to Employers to upload wage details etc. regarding over 3.1 Lakh pending applications for Pension on Higher Wages.

# Business

EPFO adds 18.81 lakh members in September, registers growth of 9.33%

The Employees' Provident Fund Organisation (EPFO) added 18.81 lakh members representing a 9.33% year-on-year growth in September signifying increased employment opportunities and heightened awareness of employee benefits.

# Business

EPFO to hire CA firms for preparation of Annual Financial Statements

A meeting of the Employees' Provident Fund Organization has decided to hire two Chartered Accountant firms for the preparation of Annual Financial Statements of the EPFO, and to facilitate the automation of the process of preparation of financial statements.