EPFO likely to credit 8% in poll year

The retirement fund body is also likely to seek the board's nod to substantially increase its investment in stocks to 15% from around 10% now to enhance the return on investments. "This being an election year, the government will ensure a sustainable rate of return on provident fund (PF) deposits which is also at par with the existing rates to avoid any backlash," said an EPFO board member.
Read The Rest at :