The central government has officially ratified an interest rate of 8.15% on the Employees Provident Fund for the financial year 2022-23. This decision was made by the EPFO and approved by the finance ministry. The EPFO has instructed its field offices to credit the interest into the accounts of its members. This comes after the EPF interest rate was lowered to 8.10% for the previous year, making it the lowest rate since 1977-78. Stay updated with the latest news and subscribe to our newsletter.
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