Employees Provident Fund gives 1.5%dividend

Employees Provident Fund (EPF) has distributed Rs 1.09 billion dividend to the 450,000 provident fund depositors. The Board meeting of the Employees Provident Fund on January 26 has decided to distribute 1.5 per cent dividend to the depositors. The fund has posted Rs 1.45 billionnet profit last year. From the profit, the EPF has also deposited Rs 50 million and Rs 198.37 million in Depositors' Welfare Fund and Reserve Fund respectively.

Source:
tht