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Center made a big cut on the interest received on PF, know what the employees said on this decision

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March 12, 2022
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Know what employees said 

Vrishank Jain who is Praveen Bafna’s colleague and works as an employee in a gold shop. On the reduction of PF interest rates, Vrishank says that we see PF as our future savings and investment. Some part of our earnings is deducted as PF every month. If the government continues to cut like this, then when we withdraw our savings at the end of the job, then we will see a big difference in it unlike our expectation. In such a situation, it is our request to the government that the rates of PF should not be cut. Already we are not able to emerge from the impact of Corona. In such a situation, the reduction in the interest rates of PF will prove to be harmful for us. 

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Tags: CBT Employee Provident FundCentral Board of TrusteesCentral GovernmentEPF interest rateepfoIndia NewsnewsPFPF Interest ratePF rate cut to 8.1 percentProvident Fund
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