Thursday, February 11, 2016

EPFO Planning one time bonus?

The Employees' Provident Fund Organization is considering doling out a Rs 750 crore bonus to its subscribers for 2015-16 instead of raising the interest rate.

 Why not instead increase the interest rate?
Because, then people will put more in PF and not in the other small saving schemes.

So look forward to some increase in your PF amount :-)

http://economictimes.indiatimes.com/wealth/news/epfo-planning-one-time-bonus-of-rs-750-crore-for-its-subscribers-in-fy16/articleshow/50938545.cms?google_editors_picks=true





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