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Tag: EPF interest rate 8.25%

CBT recommends 8.25 % rate of interest to EPF subscribers for FY2023-24

CBT recommends 8.25 % rate of interest to EPF subscribers for FY2023-24

FOCUS, INDIA, SPECIAL, TOP STORIES
By PIB Delhi New Delhi: The 235th meeting of Central Board of Trustees, EPF was held today on 10th February 2024 in Delhi under the Chairmanship of Shri Bhupender Yadav, Union Minister for Labour & Employment and Environment, Forest & Climate Change. The Vice-Chairman Shri Rameshwar Teli, Union Minister of State for Labour & Employment, Petroleum & Natural Gas and Co-Vice-Chairpersons Ms. Arti Ahuja, Secretary Labour & Employment and the Member Secretary Smt. Neelam Shami Rao, Central P F Commissioner were also present during the meeting. The Central Board recommended an annual rate of interest of 8.25% to be credited on EPF accumulations in members' accounts for the financial year 2023-24. This interest rate will be officially notified in the government gazette a...