EPFO UPDATE: PF employees working in private companies are now eagerly waiting for the interest amount. Everyone’s eyes are fixed on when the government will announce the interest for the financial year 2024-25. It is being speculated that the Modi government can make this announcement in the last week of February.
EPFO UPDATE: The meeting of the Central Board of Trustees of EPFO is scheduled to be held on 28 February. Ministers from the central government will also attend this meeting. It is believed that the government can approve the amount of interest in this meeting itself. It is expected that this time the government is planning to increase the amount of interest. If this happens, then the luck of PF employees is sure to shine. You can know the important things related to this below.
How much interest can be earned?
The central government can open the treasury box for PF employees. The meeting of the Central Board of Trustees of EPFO will be held on February 28. This time the interest rate on PF can be increased by up to 0.10 percent. It is believed that the government can increase the interest rate to 8.35 percent.
This will be like a big gift. The government will soon release this money to EPFO after the announcement. EPFO will then transfer it to the PF employee’s account. It is believed that about 7 crore employees will get the benefit of interest. This money will be deposited in the EPF account, which will be a big relief for the employee. You can check the interest money easily. There are some online methods for this.
How to check PF amount?
- You can easily check your PF amount through UMANG app.
- First of all you have to go to the home screen of the app and type EPFO in the search box.
- EPFO service will have to be selected.
- You will need to click on View Passbook or Balance option.
- After this, you will need to enter UAN and submit it.
- After this you can check your PF balance, transaction history and other details.
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