EPFO

EPF interest rate for FY 2021-22 reduced to 8.10%

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 >>

Share

Recent Posts

  • Income Tax

Prima facie satisfaction u/s 148 can not be a non-existing or incorrect information

The prima facie satisfaction u/s 148 cannot be stretched to a non-existing information or incorrect information - ITAT In a…

9 hours ago
  • SEBI

Mutual Funds to value physical Gold and Silver by using the polled spot prices

Mutual Funds to value physical Gold and Silver by using the polled spot prices published by the recognized stock exchanges…

17 hours ago
  • bankruptcy

SC allows simultaneous CIRP proceedings against principal debtor & corporate guarantor

Supreme Court allows simultaneous CIRP proceedings against principal debtor and its corporate guarantor, declines to frame any guidelines In a…

18 hours ago
  • Income Tax

Merely because sales were declared for only one month, same cannot be treated as bogus

Merely because assessee had declared sales for only one month, the same cannot be treated as bogus on the basis…

1 day ago
  • Income Tax

ITAT deleted addition as method of accounting had been accepted in earlier years

ITAT deleted addition as the method of accounting had been accepted by the department in earlier years and the entire…

2 days ago
  • Benami

Orders passed under Benami Act cannot be challenged under IBC 2016 – SC

Orders passed under Benami Act cannot be challenged under Insolvency and Bankruptcy Code, 2016 - SC In a recent judgment,…

3 days ago