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An explainer on everyone’s favourite EPF
A couple of days ago, the Indian government slashed the interest rate on the Employee Provident Fund (EPF) to a 40-year low — 8.1% for FY22. Naturally, a lot of people weren’t happy with this cut in returns. So in today’s episode for 8th June 2022, we decided to explore the inner working of the EPF and see how the government sets the interest rates.
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Published on 3 years, 6 months ago