People, Positions and Obituaries · 6 March 2026
Mansukh Mandaviya chairs 239th Central Board of Trustees (CBT) meeting of Employees' Provident Fund Organisation (EPFO).
Exam-focused facts from the 6 March 2026 current affairs briefing.
Key facts
- Dr. Mansukh Mandaviya, Union Minister for Labour and Employment, chaired the 239th meeting of the Central Board of Trustees (CBT) of the Employees' Provident Fund (EPF) in New Delhi.
- The CBT recommended an annual interest rate of 8.25% to be credited to EPF accumulations for the financial year 2025-26.
- The government will officially announce the 8.25% interest rate before EPFO credits it into subscribers' accounts.
- The Board approved a one-time amnesty scheme to address compliance issues arising from trusts recognized by income tax.
- New simplified SOP on EPF exemption and updated EPF, EPS, and EDLI schemes aligned with the Code on Social Security, 2020, were approved to enhance efficiency, transparency, and ease of compliance.