EPFO: Good news for 7 crore people! Government has increased the interest on PF, now how much will be the return?
New Delhi. The last good news has come for the crores of PF account holders sitting with their hearts. The Trust of Employees’ Provident Fund Organization (EPFO) has decided to increase the interest rates for the current financial year (2022-23) on Tuesday. Now more than 7 crore account holders of EPFO will get 8.15 percent interest.
news agency PTI According to, after a two-day meeting of the Central Board of Trustees (CBT) of EPFO, it was decided to increase the interest rates of PF by 0.05 percent. Its interest rate was 8.10 percent in the last financial year, which has now increased to 8.15 percent. Earlier, the lowest PF interest rate was 8 percent in 1977-78.
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FIRST PUBLISHED : March 28, 2023