{"id":4821,"date":"2020-03-13T15:39:08","date_gmt":"2020-03-13T10:09:08","guid":{"rendered":"https:\/\/corpbiz.io\/learning\/?page_id=4821"},"modified":"2020-03-13T15:39:10","modified_gmt":"2020-03-13T10:09:10","slug":"epfo-slashed-interest-rate-on-provident-fund-deposits","status":"publish","type":"page","link":"https:\/\/corpbiz.io\/learning\/newsletter\/epfo-slashed-interest-rate-on-provident-fund-deposits\/","title":{"rendered":"EPFO Slashed Interest Rate on Provident Fund Deposits to 8.5%"},"content":{"rendered":"\n<p>The Employee\u2019s Provident Fund Organisation (EPFO) slashed the interest rate on Provident Fund Deposits to a\u00a0<strong><em>seven-year low of 8.5%\u00a0<\/em><\/strong>for the current financial year (2019-2020). The EPF interest rate was 8.65 per cent in 2018-19.\u00a0 The new rate introduced by EPFO marked a cut of 15 basis points from the interest rate of 8.65% paid on EPF deposits in FY 2018-19. This reduction in the interest rate is likely to impact the earnings of around 60 million active subscribers of the Provident Fund scheme. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Employee\u2019s Provident Fund Organisation (EPFO) slashed the interest rate on Provident Fund Deposits to a\u00a0seven-year low of 8.5%\u00a0for the current financial year (2019-2020). The EPF interest rate was 8.65 per cent in 2018-19.\u00a0 The new rate introduced by EPFO marked a cut of 15 basis points from the interest rate of 8.65% paid on [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":4633,"parent":4648,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"download-newsletter.php","meta":[],"acf":[],"_links":{"self":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/pages\/4821"}],"collection":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/comments?post=4821"}],"version-history":[{"count":2,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/pages\/4821\/revisions"}],"predecessor-version":[{"id":4823,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/pages\/4821\/revisions\/4823"}],"up":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/pages\/4648"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media\/4633"}],"wp:attachment":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media?parent=4821"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}