New Delhi, July 19 -- The Employees' Provident Fund (EPF) is a secure, long term investment tool and retirement savings option for salaried individuals in India. You are eligible to open an EPF account if your basic pay and dearness allowance are up to Rs.15,000, and you can add the voluntary provident fund (VPF) option if the basic pay and DA exceed Rs.15,000 per month.

The Finance Ministry has reportedly ratified the EPFO's suggestion of 8.25% interest rate for EPF and VPF contributions by salaried citizens this financial year (FY2025-26), PTI reported. The EPF interest credits were expected to be complete by 15 July this year. This marks the third consecutive term that EPF subscribers receive 8.25% interest rate on their provident fun...