The Employees Provident Fund Organisation (EPFO) has recommended an 8.25% interest rate for the financial year 2024-25. This is the same interest rate announced for the previous financial year, FY ...
Have you ever wondered how much the PF money deducted from your salary each month will translate into a pension upon retirement? If not, this news is for you. Nearly 70 million people in the country ...
EPFO has reinstated the option for employees to link their pension scheme contributions to their full basic salary. This move ...
EPF interest rate has been retained at 8.25% for FY26. Here’s a simple guide explaining EPF eligibility, contribution rules, and how the provident fund scheme works for employees in India.
The compound interest is credited by EPFO on a monthly running balance basis at the statutory rate declared for each year. For 2024-25, EPFO declared an interest of 8.25%.
EPF subscribers worry that delays in crediting interest in their account could result in them losing out on the benefits of compounding. Chennai-based Sudarshan Jain was in for a shock when he checked ...
The Employees' Provident Fund Organisation (EPFO) has clarified rules around the higher Employees' Pension Scheme (EPS) ...
With EPS 2026 set to take effect on April 1, 2026, the removal of the higher pension option and the formalisation of pro rata calculation have raised fresh concerns among EPF members over possible ...
The Labour Ministry has begun a major clean-up of inoperative EPF accounts, announcing automatic refunds of ₹30.52 crore lying in over 7 lakh small inactive accounts. The move is part of a wider ...
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