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    Entire EPF interest amount likely to be credited today

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    Whole EPF interest quantity most likely to be credited today

    The EPFO had actually proposed splitting the 8.5% interest into 2 instalments of 8.15% and 0.35% due to the recession brought on by the COVID-19 pandemic.


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    The EPFO had actually proposed splitting the 8.5% interest into two instalments of 8.15% and 0.35% due to the financial crisis brought on by the COVID-19 pandemic.

    The Workers’ Provident Fund Organisation (EPFO) was likely to credit the interest for 2019-2020 into customers’ EPF accounts on Thursday, an EPFO authorities stated.

    In September, the EPFO had actually proposed splitting the 8.5% interest into two instalments of 8.15% and 0.35% due to the economic crisis triggered by the COVID-19 pandemic.

    However, the EPFO has now been provided approval by the Finance Ministry to credit the entire quantity, according to sources.

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    National.
    ( the heading, this story has not been released by Crucial India News staff and is published from a syndicated feed.).

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