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EPFO Raises Rate Marginally to 8.8% for FY16 - (17 Feb 2016)

Employees' Provident Fund Organisation (EPFO) has marginally raised interest rate on retirement savings to 8.80% for 2015 -16 from 8.75% last year but lower than 8.95% proposed earlier, disappointing trade unions that had been pitching for the higher rate.

Tags : EMPLOYEES' PROVIDENT FUND ORGANISATION   INTEREST RATE ON RETIREMENT SAVINGS  

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