Ministry Keen to Retain 8.65% Interest on EPF Deposits for FY20.

NEW DELHI The labour ministry is keen to retain an interest rate of 8.65% paid on provident fund deposits to around six crore subscribers of Employees’ Provident Fund Organisation (EPFO) for the current financial year, a source said. The apex decision making body of EPFO — Central Board of Trustees — is likely to consider the rate of interest on EPF deposits in its meeting on March 5, 2020.