📢 *EPFO Retains 8.25% Interest Rate on Employees’ Provident Fund Deposits for FY 2024-25* 📢 The Employees’ Provident Fund Organisation (EPFO) has announced that the interest rate on Employees’ Provident Fund (EPF) deposits will remain at 8.25% for the financial year 2024-25. This decision was made during the recent meeting of the Central Board of Trustees (CBT) and is now awaiting approval from the Ministry of Finance before being credited to the accounts of EPF subscribers. 🔹* Key Highlights of the Announcement:* ✔ Interest Rate: 8.25% (same as FY 2023-24) ✔ Financial Year: 2024-25 ✔ Decision By: EPFO’s Central Board of Trustees (CBT) ✔ Approval Status: Awaiting Finance Ministry approval before final crediting to EPF accounts 🔹 What This Means for EPF Subscribers? ✅ No reduction in EPF interest earnings—subscribers will continue to earn 8.25% interest on their contributions. ✅ The decision reflects EPFO’s financial stability and focus on providing steady returns to employees. ✅ Once the interest rate is formally notified and credited, EPF members will see the updated balance in their accounts. 🔹 Comparison of Recent EPF Interest Rates: Financial Year EPF Interest Rate 2024-25 8.25% (retained) 2023-24 8.25% 2022-23 8.15% 2021-22 8.10% 2020-21 8.50% This decision is crucial for salaried employees and EPF subscribers, as EPF remains a key long-term savings instrument for retirement security. The final crediting of the interest will take place once the Finance Ministry gives its formal approval. Stay updated with us for more EPFO and labour law updates! #epfo #providentfund #interestrate #retirementsavings #labourlawupdates