AITUC opposes EPF rate cut

Tribune News Service

Updated At : 11:56 AM Mar 14, 2022 IST

New Delhi, March 13

The trade unions have joined political parties in opposing the proposal to reduce the interest rate on Employee Provident Fund (EPF) deposits.

In a statement, the All India Trade Union Congress (AITUC) said the minister had agreed to form a committee, with representatives of employees, to look into the actuarial calculations. It rejected the actuarial calculations put forth by the Ministry of Labour. —

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AITUC opposes EPF rate cut

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