Government & Private - Jobs in India

General Provident Fund (Rate of Interest)

An announcement fromMinistry of Finance (Department of Economic Affairs)It is announced for general information that during the year 2008-2009, accumulations at the credit of subscription of the General Provident Fund and other similar funds shall continue to carry interest at the rate of 8% (Eight percent) per annum.

This rate will be in force during the financial year bearing on 1.4.2008. The funds concemed are:-1.The General Provident Fund ( Central Services)2.The Contributory Provident Fund (India)3.The All India Service Provident Fund4. The State Railway Provident Fund5. The Genral Provident Fund (Defence Services)6. The Indian Ordnance Department Provident Fund7. The Indian Ordnance Factories Workmen’s Provident Fund8. The Indian Naval Dockyard Workmen’s Provident Fund9. The Defence Services Officers Provident Fund10 The Armed Forces Perconnel Provident Fund

# posted by shan @ 9:35 PM