AITUC opposes EPF rate cut

Tribune News Service

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

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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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