Question
The EPF account interest rate has been hiked to ______
by the Employees Provident Fund Organisation (EPFO) for the financial year 2022-23.Solution
The Employees Provident Fund Organisation (EPFO) has fixed the interest rate at 8.15% for financial year 2022-23. There is a hike in the EPF account interest rate by 0.05%. Last year, the interest rate for EPF account was 8.10% for FY 2021-22.      This notified interest rate will be applicable on Voluntary Provident Fund (VPF) deposits as well.
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