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[FY 2015-16] Provident Fund Interest Rate Revised To 8.8% From 8.75%

Finance Guru Speaks: Employee's Provident Fund (EPF or PF) rate of interest calculation is revised to 8.8 percent for the FY 2015-16.

Last year, the rate of interest was 8.75 percent.

One more good news, the Government has indicated that the hike is an 'interim one' and it could be further revised later.

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