?> General Provident Fund other funds interest 8% w.e.f. 1st January, 2019 to 31st March, 2019 | INFOFOLLO

General Provident Fund other funds interest 8% w.e.f. 1st January, 2019 to 31st March, 2019

General Provident Fund and other similar funds shall carry interest at the rate of 8% (Eight percent) w.e.f. 1st January, 2019 to 31st March, 2019

Government of India, Ministry of Finance, Department of Economic Affairs,(Budget Division) issued Resolution vide F.NO. 5(1)-B(PD)/2018 New Delhi, the 03 January, 2019 regarding the General Provident Fund and other similar funds shall carry interest at the rate of 8% (Eight percent) w.e.f. 1st January, 2019 to 31st March, 2019 and details as follows.

It is announced for general information that during the year 2018-2019, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 8% (Eight percent) w.e.f. 1st January, 2019 to 31st March, 2019. This rate will be in force w.e.f.1st January, 2019. The funds concerned are:

The General Provident Fund (Central Services).

The Contributory Provident Fund (India).

The All India Services Provident Fund.

The State Railway Provident Fund.

The General Provident Fund (Defence Services).

The Indian Ordnance Department Provident Fund.

The Indian Ordnance Factories Workmen’s Provident Fund.

The Indian Naval Dockyard Workmen’s Provident Fund.

The Defence Services Officers Provident Fund.

The Armed Forces Personnel Provident Fund.

2. Ordered that the Resolution be published in Gazette of India.

Source: MoF

Leave a Comment

Your email address will not be published. Required fields are marked with *

Cancel reply