Monday, May 28, 2012

GPF INTEREST INCREASED T0 8.8 Percent


PUBLISHED IN PART I SECTION OF GAZETTE OF INDIA) 
F.No.5(1)-B(PD)/2012 
Government of India 
Ministry of Finance 
(Department of Economic affairs)
New Delhi, the 22nd May, 2012

RESOLUTION

                        It is announced for general information that during the year 2012-2013, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 8.8% (Eight point eight per cent) per annum. This rates will be in force during the financial year beginning on 1.4.2012.

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