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The 228th meeting of Central Board of Trustees, EPF was held today in Srinagar, Jammu Kashmir under the chairmanship of Shri Santosh Kumar Gangwar, Union Minister of State for Labour Employment(Independent Charge),Vice-Chairmanship of Shri Apurva Chandra, Secretary(LE) and the Member Secretary Shr
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FAQ :
The Central Board of Trustees, EPF has recommended an annual interest rate of 8.50% for EPF accumulations for the financial year 2020-21.
The interest rate will be credited after it is officially notified in the government gazette by EPFO.
Yes, EPFO has consistently generated returns of not less than 8.50 percent annually since FY 2014.
EPFO follows a conservative approach, prioritising the safety and preservation of principal, with a very low-risk appetite. It has also prudently invested in equity through exchange-traded funds since 2015-16.
EPFO achieves higher returns through a combination of income from debt investments and realised income from equity investments, enabling it to provide higher returns with a healthy surplus.
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