Centre of Indian Trade Unions (CITU) denounces the EPF interest rate reduction

 

Press release by Centre of Indian Trade Unions (CITU) issued on 12th March, 2022

 

The Central Board of Trustees of EPFO has decided to recommend for reduction of the interest rates from current 8.5% to 8.1%.The Centre of Indian Trade Unions (CITU) denounces the so called “majority” decision of the board to recommend the reduction of EPF interest rates for the financial year 2021-22.

 

Press Release-EPF-RED-12.3.22

 

 

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