EPFO has started crediting FY25 interest but delays in passbook updates are worrying some subscribers
The government keeps interest rate on GPF at 7.1% for July-Sept quarter, while EPF savers see 8.25% interest credited for FY26. Here's what it means for your retirement corpus
EPF subscribers start seeing 8.25% interest for FY25 in passbooks, though there has been no official SMS/email yet. Here's how to check your account and what to know about delays.
Though fresh additions slip sequentially in July, women enrolment at a record high
The increase in the limit to Rs 21,000 under EPFO will bring more workers under the retirement scheme
EPFO is India’s largest retirement fund, where both employers and employees make contributions. Watch the video to learn how it is calculated
Those earning high salaries should think twice before getting it restructured
Earlier, there was a net addition of 20,164 to EPF subscription in April, 172,174 in May. However, new data now shows subscribers shrank by 61,807 in April and addition in May was just 40,551
Congress claimed that post 2014-15, this was the second such reduction on EPF interest rate
If an investor puts Rs 10,000 a month in EPF at 8.65 per cent interest instead of 8.8 per cent, returns would be lower by only Rs 180 and even if this rate persists for the next 10 years, the difference would be merely Rs 3,822. In comparison, investing the same amount in a one-year SBI fixed deposit would fetch only Rs 8,400.