A 1,731 crore “hidden treasure” that was not credited to 4.7 crore Provident Fund (PF) accounts is what enabled fund manager Employees Provident Fund Organisation (EPFO) to offer a higher 9.5 interest rate to subscribers this financial year, the Comptroller and Auditor General (CAG) has found.
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ANOTHER SCAM? Indian PF body didn’t credit…
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A 1,731 crore “hidden treasure” that was not credited to 4.7 crore Provident Fund (PF) accounts is what enabled fund manager Employees Provident Fund Organisation (EPFO) to offer a higher 9.5 interest rate to subscribers this financial year, the Comptroller and Auditor General (CAG) has found.