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EPFO Retains 8.25% Interest Rate on EPF Deposits for 2024-25
Hindustan Times Bengaluru
|March 01, 2025
Retirement fund body EPFO on Friday decided to retain an interest rate of 8.25% on employees' provident fund (EPF) deposits for 2024-25, as provided in the previous fiscal, benefitting over seven crore subscribers.
NEW DELHI:
In February 2024, the Employees' Provident Fund Organisation (EPFO) had increased the interest rate on EPF marginally to 8.25% for 2023-24, from 8.15% in 2022-23.
A labour ministry statement said, "CBT (Central Board of Trustees) recommended 8.25% annual rate of interest to be credited on EPF accumulations in members' accounts for the financial year 2024-25."
The ministry informed that the interest rate would be officially notified by the government, following which EPFO would credit the rate of interest to the subscribers' accounts.
यह कहानी Hindustan Times Bengaluru के March 01, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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