The central government is about to give great happiness to the PF employees. The enthusiasm can be seen on the faces of PF employees as the central government is considering the bumper gift to the PF holder employees.
Since the government gave the middle-class family a rebate in the income tax of up to 12lakh Rupees, the PF employees were also eagerly waiting for the PF gift which is about to end.
In the last week of February, the government is about to announce the hike of the PF interest given to the employees, which will change the fortune of employees. This year the possibility is that the interest of the PF will be increased as compared to the previous year. So, let us know how much the government is planning to increase the interest on the PF.
On which date will the government make the announcement?
In the last week of February the Central Board of Trustees of EPFO has scheduled a meeting on February 26 in which on the behalf of government the responsible people from the Ministry of Labor will join. It is believed that on this day the interest on the PF employees will be announced on the same day.
What is the expected interest rate I can receive?
The government will increase the interest of the PF employees given. As compared to the financial year 2024-25 the government can increase the interest by 0.10% for the financial year 2025-26 which will result in increasing from 8.25% to 8.35%.
Here’s how you can check your interest amount.
The method is very simple if anyone wants to check the PF interest.
- Firstly the PF employee has to open the text message where they have to enter 12 digit EFPO UAN in the message
- Then through the registered mobile number with the PF account, they have to send this message to 7738299899 this number with the registered phone number.
- Then the UAN number should be active then they can see the available balance.