Provident Fund interest rate: EPFO likely to propose 8% rate for FY24

EPFO interest rate FY24: The Central Board of Trustees (CBT) of the Employees' Provident Fund Organisation (EPFO) is expected to propose an interest rate of around 8% for the financial year 2024. The EPFO also plans to seek approval to increase its investment in stocks from 10% to 15% to improve returns.

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