For the first time, EPFO credited annual interest of ₹1.44 lakh crore to all ~35 crore member accounts on July 15, 2026 – months ahead of previous years – after migrating 123 regional databases into a single centralized national database under the CITES project. This marks a historic efficiency leap in India's largest retirement fund administration.
Exam Lens
Quick Exam Facts From News
1-Minute Revision
- ›Interest Amount (FY26): ₹1.44 lakh crore
- ›Member Accounts: ~35 crore (8 crore active contributors)
- ›Target this Data: Interest amount ₹1.44 lakh crore for FY26, credited on July 15, 2026, to ~35 crore accounts.
- ›Target this Nodal Body: Employees' Provident Fund Organisation (EPFO) under Ministry of Labour and Employment (Minister Mansukh Mandaviya).
- ›Target this Legal Point: EPFO established under Employees' Provident Funds and Miscellaneous Provisions Act, 1952 (Section 5A).
Mastered this topic? Test your knowledge with a full MCQ quiz.
Practice exam-style questions, track your score, and strengthen your recall.