EPFO likely to declare rate of interest on EPF deposits for 2020-21 on March 4

Speculation is rife that the EPFO may lower interest on provident fund deposits for this fiscal (2020-21), from 8.5 per cent it provided for 2019-20,in view of more withdrawals and lesser contribution by members during this fiscal mainly due to the COVID-19 pandemic.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/personal-finance-news/epfo-likely-to-declare-rate-of-interest-on-epf-deposits-for-2020-21-on-march-4/articleshow/80979429.cms