Good news for EPFO ​​members, PF interest rate may increase soon, it is expected to increase by this much

In the year 2025, the government is taking many decisions in the interest of providing relief to the middle class. From tax cuts in the budget to the reduction in interest rates by the Reserve Bank, the middle class has got great relief. 

Now the salaried and middle class eyes are fixed on the interest received on EPFO. The salaried are hopeful 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 the salaried class, which will directly benefit crores of employees.

Actually, PF is a big saving for salaried class people. The government gives interest on this saving. Now the government can increase the interest on PF, which will increase the savings of middle class people.

A big announcement can be made in the board meeting

EPFO takes all the decisions related to Provident Fund, so now everyone's eyes are on the next board meeting of EPFO, which is to be held on 28 February. It is expected that a possible decision on increasing the interest rates can be taken in this meeting.

When did the interest increase

It is not that there is talk of increasing interest on PF only 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 again revised to 8.25 percent. At present, people are getting 8.25 percent interest on PF.

How much can the interest increase?

Although the government has not yet given any hint of increasing the interest rates on EPFO, but it is being discussed vigorously. 

According to sources, this time too the government can increase the interest rates by 0.10 percent. If this happens, then the salaried class will get a big benefit.