EPFO faces challenge of young subscribers withdrawing full PF corpus
Business today | March 19, 2025 11:18 AM CST
The power of compounding! That is the beauty of deposits in retirement savings such as the Employees’ Provident Fund that is currently offering an interest of 8.25% on contributions.
Concerned with a high number of withdrawals by young subscribers, the Employees’ Provident Fund Organisation is looking at strategies to address this problem and how it can be addressed.
READ NEXT
-
MoS Singh interacts with Indian diaspora in Cote d’Ivoire’s Abidjan
-
Iran’s Velayati hails armed forces’ resilience, says foreign forces must leave
-
TN CM Vijay chairs meet to oppose delimitation, DMK & AIADMK skip
-
After Lock Upp win, Shreya Kalra rules out Bigg Boss participation
-
Lionel Messi’s father and agent, Jorge Messi, dies at 68 in Rosario
