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EPF rates may be untouched

NEW DELHI, JUNE 29. In the face of mounting pressure from trade unions, the Employees Provident Fund rates may remain untouched at 9.5 per cent this year though a sub-committee of the EPF Board is believed to have recommended slashing it to eight per cent.

Trade unions have pitched for higher 12 per cent, saying that it would still be well within the ``limits'' and not lead to deficit for the country's largest provident fund, totalling about Rs. 75,000 crores.

PTI

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