The e p f o found itself in a bit of a pickle. It looked at the returns from its bond investments and observed that it had fallen into seven point five percent. Stock markets don't offer guaranteed returns, and bonds can give you consistently high returns. Finch out daily is available on a bunch of streaming platform such as sportify able, part gas and gouge broadcast.
A couple of days ago, the Indian government slashed the interest rate on the Employee Provident Fund (EPF) to a 40-year low — 8.1% for FY22. Naturally, a lot of people weren’t happy with this cut in returns. So in today’s episode for 8th June 2022, we decided to explore the inner working of the EPF and see how the government sets the interest rates.
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