GPF and other similar funds Interest Rate w.e.f. 1st January, 2020 to 31st March, 2020
General Provident Fund (GPF) and other similar funds interest at the rate of 7.9% w.e.f. 1st January, 2020 to 31st March, 2020 – Resolution
(PUBLISHED IN PART I SECTION 1 OF GAZETTE OF INDIA)
Government of India
Ministry of Finance
Department of Economic Affairs
New Delhi, the 15th January, 2020
It is announced for general information that during the year 2019-2020, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall Carry interest at the rate of 7.9% (Seven point nine percent) w.e.f. 1st January, 2020 to 31st March, 2020. This rate will be in force w.e.f. 1st January, 2020. The funds concerned are:
1. The General Provident Fund (Central Services).
2. The Contributory Provident Fund (India).
3. The All India Services Provident Fund.
4. The State Railway Provident Fund.
9. The General Provident Fund (Defence Services).
6. The Indian Ordnance Department Provident Fund.
7. The Indian Ordnance Factories Workmen’s Provident Fund.
8. The Indian Naval Dockyard Workmen’s Provident Fund.
9. The Defence Services Officers Provident Fund.
10. The Armed Forces Personnel Provident Fund.
2. Ordered that the Resolution be published in Gazette of India.
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