What is the interest rate on employees' provident fund (EPF) deposits for 2020-2

Question

What is the interest rate on employees' provident fund (EPF) deposits for 2020-21?

Options:

A . 8.5%

B . 8.1%

C . 7.4%

D . 6.1%

Answer: Option A

Ministry of Finance has approved the interest rate on employees' provident fund (EPF) deposits for 2020-21 at 8.5%.

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