EPFO retains 8.25 pc interest rate on employees’ provident fund deposits for 2024-25

EPFO retains 8.25 pc interest rate on employees’ provident fund deposits for 2024-25

The retirement body had paid 50.8 million claims worth Rs 2.05 lakh crore in 2024-25, up from 44.5 million claims totaling Rs1.82 lakh crore in the previous year. The 8.25 per cent interest rate in 2023-24 was based on EPFO’s record investment income of Rs 1.07 lakh...