No More Fluctuations! Govt to Offer Fixed Interest on PF Accounts
Brandon Naylor
The Indian government is set to introduce a fixed interest rate on Provident Fund (PF) accounts, eliminating annual fluctuations and providing financial stability to employees. Expected to be 8.25% for 2024-25, this move will help salaried professionals plan better for retirement. Additional changes, including PF-linked ATM withdrawals and a centralized pension system, aim to make EPF more accessible and efficient. Learn how these updates impact you!
