Major Boost for Salaried Employees as 8.25 Percent Interest Rate on EPF Deposits Receives Official Government Approval

New Delhi:July 3 {UDN}: The Government of India has officially approved an 8.25% interest rate on deposits under the Employees’ Provident Fund (EPF) for the relevant financial year. This decision ensures that millions of EPF subscribers will continue to earn attractive returns on their retirement savings. The approved interest will be credited to the accounts of eligible EPF members through the Employees’ Provident Fund Organisation (EPFO). The move is expected to strengthen social security benefits and encourage long-term financial planning among salaried employees across the country.