Centre approves 8.25 per cent EPF interest rate for FY25, benefiting 7 crore subscribers

The government has officially ratified an 8.25% interest rate on the Employees' Provident Fund (EPF) for the financial year 2024-25, providing a significant boost to the post-retirement savings of over 7 crore subscribers. The decision, made by the Ministry of Labour and Employment, allows the Employees' Provident Fund Organisation (EPFO) to proceed with crediting the interest accumulation into the accounts of its subscribers.

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