Latest Updates : Provident Fund

Government of India Approves 8.15% Interest Rate on EPF Deposits: A Boost for Provident Fund Members

The Ministry of Labour and Employment, Government of India, has recently announced a significant decision that will impact millions of employees across the country. According to a circular issued by the ministry, the Central Government has approved the crediting of interest at 8.15 percent for the year 2022-23 to the account of each member of […]

Minimum Wage

PF Interest Rate 2021-22 Notification – SGC Services

Greetings from SGC Services (www.sgcservices.com)! India’s Leading Payroll Outsourcing Company Since 1992. A long-awaited notification declaring the rate of interest @ 8.10% P.A for the financial year 2021-2022 is issued by EPFO. Please refer to attached notification No. INV-11/2/2021-INV/4670 dated 3rd June 2022. The labour ministry on Friday notified the 8.1% interest rate on provident […]