The advisory panel of retirement fund body EPFO has recommended a lower rate of interest of 8.25 per cent for the current fiscal compared to 9.5 per cent last year, a move that will affect over 4.7 crore subscribers.
http://economictimes.indiatimes.com/personal-finance/savings-centre/savings-news/epfo-may-lower-interest-rate-to-8-25-on-pf-deposits-for-fy12/articleshow/11207318.cms
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