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EPFO Raises Provident Fund Interest To 8.25%

EPFO Raises Provident Fund Interest To 8.25%

EPFO sets a three-year high-interest rate at 8.25% on EPF deposits for 2023-24, following marginal increases in previous years. The decision by the Central Board of Trustees awaits government approval. Once ratified, the interest will be credited to over six crore EPFO subscribers’ accounts.

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