Provident Fund
Employees Provident Fund: There is good news for PF account holders. Big information has been given for taking 7 crore subscribers of Employees Provident Fund Organization ie EPFO. Actually, the account holders are worried about the fact that the interest of PF has not yet reached the account. In such a situation, a PF subscriber has expressed his anger by tagging EPFO on Twitter. After this EPFO has presented its answer. Let us tell you that from this financial year, the government will transfer money to the accounts of 7 crore PF account holders at an interest rate of 8.1 per cent.
Twitter user asked a question
A Twitter user has written a tweet tagging EPFO, Ministry of Finance and PMO India, ‘EPFO has not yet paid the interest for the contribution of 2021-22. Stop this loot and give people their money. It is sad that even the opposition is silent on this. December has arrived. If you cannot pay interest, then stop taking money from the working class.
EPFO replied
EPFO has given its answer on the tweet of a Twitter user named Nikumbh. EPFO has written in its reply, ‘Dear member, the process of depositing interest is going on and it will be reflected in your account soon. Interest will be paid in full as and when it is credited. There will be no loss of interest.
Why is there a delay in getting the interest money?
Let us tell you that from this financial year, the government will transfer money to the accounts of 7 crore PF account holders at an interest rate of 8.1 percent. In such a situation, this answer of EPFO is a news of relief for the account holders. Before the beginning of the new year, people will get the gift of interest. The biggest reason for transfer of interest money to the account is that it has to go through many stages before sending the money. Along with this, the approval to transfer interest is received from the Ministry of Finance. Even after this, after raising funds, money is transferred to the accounts.
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