The Employees’ Provident Fund Organisation (EPFO) has decided to pay 8.1% rate of interest on provident fund deposits for the current current financial year 2021-22.
The government has come up with a proposal to make drastic changes to the PF deduction structure, which means PF will be deducted from the total salary instead of 'basic wages'. The EPFO feels that the existing guidelines do not allow the…
