Mon May 26 10:40:00 UTC 2025: Okay, here’s a summary of the text, followed by a rewritten version as a news article:
**Summary:**
The Indian government has approved maintaining the Employees’ Provident Fund (EPF) interest rate at 8.25% for the financial year 2024-25. This decision, impacting over 70 million account holders, follows the EPFO’s recommendation to keep the rate unchanged from the previous financial year (2023-24). The last change to the EPF interest rate occurred in 2022-23, when it was increased from 8.15% to 8.25%. The decision, made by the Central Board of Trustees of EPFO and approved by the Finance Ministry, provides continuity for PF account holders.
**News Article:**
**PF Interest Rate Remains Steady at 8.25% for FY 2024-25, Benefiting Millions**
**New Delhi:** In a move bringing certainty to over 70 million Employees’ Provident Fund (EPF) account holders across India, the government has approved the continuation of the 8.25% interest rate for the financial year 2024-25.
The decision, finalized after receiving the green light from the Finance Ministry, aligns with the recommendation made by the Employees’ Provident Fund Organisation (EPFO). The rate remains unchanged from the 2023-24 fiscal year, providing stability amidst economic fluctuations.
The decision was made during the Central Board of Trustees of EPFO meeting on February 28, presided over by Union Labour and Employment Minister Mansukh Mandaviya.
The last adjustment to the PF interest rates came in 2022-23, when the rate was increased from 8.15% to 8.25%. This decision provides a sense of relief to millions of citizens who rely on their PF savings for financial security.
First Piper 