Government fixes 8.25% PF interest rate for FY 2024-25
The government has approved an 8.25% interest rate for over 7 crore EPFO subscribers for 2024-25, following the CBT's recommendation. This rate, mirroring the previous year, offers competitive returns compared to other fixed-income options. The EPFO's consistent performance reflects confidence in its investment strategy, providing tax-free benefits to salaried individuals.
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