EPFO to now get more time to decide when to sell shares: Report
Updated: 13 Jul 2022, 10:19 AM IST
TL;DR.Since EPFO has been taking a decision to sell equity in February, it gets less than a month to realise the capital gains. This is one of the key factors that help the entity to determine the rate of interest on PF deposits for the concluding year.
EPFO started investing in equities in 2015-16, starting with 5% in the first year, 10% in the second year and 15% in the subsequent years.