Question
What is the approved EPF interest rate for the financial
year 2024–25?Solution
The government ratified an 8.25% interest rate on Employees’ Provident Fund (EPF) deposits for FY 2024–25. This decision was approved in the 237th meeting of the EPFO Central Board of Trustees, chaired by Minister Mansukh Mandaviya on February 28, 2025, and later concurred by the Ministry of Finance.
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