Declaration of rate of interest on EPF Account for FY 2021-22 Employee’s Provident Fund Scheme 1952 to credit interest @ 8.10% for the year 2021-22
EPF interest rate for FY 2021-22 reduced to 8.10%
The Ministry of Labour and Employment, Government of India has issued circular no. INV-11/2/2021-INV/4670 dated 3rd June 2022 conveying the approval of the Central Government under Para 60(1) of the Employee’s Provident Fund Scheme 1952 to credit interest @ 8.10% for the year 2021-22 to the account of each member of the EPF Scheme as per the provision under para 60 of the EPF Scheme 1952.
Read EPFO Order Click Here >>
- High Court grants bail to accused of alleged GST evasion of Rs. 120 crores
- TDS u/s 194IC is applicable for payment under JDA to transferor holding leasehold rights
- On invoking Section 69A burden of proof lies on AO to establish source of unexplained money
- When order u/s 263 is quashed, assessment order u/s 143(3) r.w.s. 263 has no legs to stand
- When interest income offered on accrual basis, TDS on maturity can not be disallowed
