Mon May 26 10:40:00 UTC 2025: Okay, here’s a news article based on the provided information:

**Headline: EPFO Interest Rate Holds Steady at 8.25% for FY25, Benefitting Over 7 Crore Subscribers**

**New Delhi:** The government has approved an 8.25% interest rate on Employee Provident Fund (EPF) deposits for the fiscal year 2024-25, allowing the Employees’ Provident Fund Organisation (EPFO) to credit the annual interest to the accounts of its over seven crore subscribers.

The decision, initially made by the EPFO’s Central Board of Trustees on February 28th under the leadership of Union Labour and Employment Minister Mansukh Mandaviya, was sent to the Finance Ministry for approval. The Labour Ministry confirmed Thursday that the Finance Ministry has given its consent to maintain the 8.25% interest rate.

This rate is consistent with the interest rate offered in the previous fiscal year (2023-24), which was a slight increase from the 8.15% provided in 2022-23. It’s worth noting that in March 2022, the EPF interest rate had been reduced to a four-decade low of 8.1% for 2021-22, down from 8.5% in 2020-21.

The approved interest rate will now be credited to the EPF accounts of EPFO’s vast subscriber base, providing a stable return on their retirement savings.

Read More