Current Affairs · Economy and Banking
Consider the following statements regarding the Employees' Provident Fund Organisation (EPFO) regulations and announcements up to 2025-2026: 1. The interest rate on EPF deposits was retained at 8.25% for FY24 and declared for FY25. 2. EPF contributions are standardly made by both employers and employees at the rate of 12% of basic salary plus dearness allowance. 3. Interest earned on EPF contributions is always fully taxable irrespective of the annual contribution threshold. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both 2 and 3
- 2Both 1 and 3
- 3Both 1 and 2✓
- 4Only 1
Correct answer
Both 1 and 2
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