In the year 2025, the government is taking many decisions in the interest of giving relief to the middle class. The middle class has got a big relief from tax deduction in the budget to the Reserve Bank's interest rates cut. Now the employed and middle class eyes are on the interest received on EPFO. The employee hopes that in the coming days, people will get more interest on the money deposited in EPFO. In such a situation, the government is also preparing to take another big decision for salary class, which will directly benefit crores of employees.
Actually, PF salary is a big savings for class people. The government pays interest on this savings. Now the government can increase interest on PF, which will increase the savings of middle class people.
EPFO takes all the decisions related to the provident fund, so now everyone's eyes are on the next board meeting of EPFO, which is to be held on February 28. It is expected that a possible decision can be taken on increasing the interest rates in this meeting.
It is not that there is talk of increasing interest on PF this year, even before this, the government has increased interest on EPFO for 2 consecutive years. Earlier, the government had revised the interest rates on PF in 2022-23 and it was increased to 8.15 percent. After this, in 2023-24, it was revised again to 8.25 percent. Currently, people are getting 8.25 percent interest on PF.
Although the government has not yet given any hint to raise interest rates on EPFOs, but it is being discussed in full swing. According to sources, this time also the government can increase the interest rates by 0.10 percent. If this happens, the salary class will benefit greatly.
