GPF and other Provident Fund Interest Rate from 1st January 2017 – 8%
GPF and other Provident Fund Interest Rate from 1st January 2017 interest rate @ 8% from 01.01.2017
Ministry of Finance resolution on GPF and other Provident Fund Interest Rate from 1st January 2017
Government of India
Ministry of Finance
Department of Economic Affairs
New Delhi. the 18th January, 2017
It is announced for general information that during the year 2016-2017. accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 8.0% (Eight per cent) w.e.f. 1st January. 2017 to 31st March. 2017. This rate will be in force w.e.f. 1st January. 2017. 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.
5. 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.
Deputy Secretary (Budget)