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Government approves 8.15% interest rate for 2022-23 EPF scheme

Shortpedia

Content Team
Image Credit: NewsBytes

The central government on Monday approved the credit interest at 8.15% on deposits for the 2022-23 Employees' Provident Fund (EPF) scheme. According to an official Employees' Provident Fund Organisation (EPFO) order, the Union Ministry of Labour and Employment has communicated the approval of the Centre to credit interest at 8.15% per annum for 2022-23 for its more than six crore subscribers.