INTEREST RATE FOR GENERAL PROVIDENT FUND – FINMIN ORDERS
(PUBLISHED IN PART I SECTION OF GAZETTE OF
INDIA)
F.No.5(1)-B(PD)/2016
Government
of India
Ministry
of Finance
Department
of Economic Affairs
(Budget
Division)
New Delhi,
Dated the 2nd June, 2016
RESOLUTION
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 8.1% (Eight point one per cent) w.e.f. 1st April,
2016 to 30th June, 2016. This rate will be in force w.e.f. 1st April, 2016. 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.
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