EPFO board meet news LIVE updates: The Employees’ Provident Fund Organisation (EPFO) will decide the interest rate for the financial year 2024-25 today.
EPFO board meet news LIVE updates: The Employees’ Provident Fund Organisation (EPFO) will decide the interest rate for the financial year 2024-25 at its central board of trustees (CBT) meeting on Friday, February 28.
EPFO raised the interest rate to 8.25% for FY24, the highest in three years. In FY23, it was 8.15%, up from 8.10% in FY22.
The lowest rate in recent history was 8.10% in 2021-22, the lowest since 1977-78, when it stood at 8%.
Here are latest updates on EPFO board meet: