Corona virus infection has caused economic loss along with life to people in every world. So far, about 4.44 lakh patients have lost their lives across the country due to the infection, the pace of which has slowed down, but the danger is not averted yet. Due to the implementation of Corona curfew, locks were hanging in all the factories, due to which people’s work was snatched and the problem of money is on the head.
The government did come forward to help, but the economic situation is still out of track. Meanwhile, if your PF is deducted while working in any government or non-government company, then this news is of great use to you. Anyway, now the festive season will start in India, about which everyone’s eyes are fixed. The government gives new offers for the employed people during festivals. Meanwhile, the PF account holders are expected to get the interest amount before Diwali.
Interest at the rate of 8.5 percent can be added to the PF account of the employees. According to a news, two government officials, on the condition of anonymity, said that when the dearness allowance will come in the accounts of employees and pensioners from the government, coincidentally the EPFO is also going to transfer the interest to the accounts at the same time.
You will get so much interest.
The Central Board of EPFO has decided to pay 8.5% interest. EPFO has sought the approval of the Finance Ministry at 8.5% interest. It is possible that soon the Finance Ministry will put its stamp on this. As soon as the EPFO is approved by the Finance Ministry at 8.5% interest for the fiscal year 2020-2021, it will transfer money to the accounts of employees and pensioners.
