Welcome to AIPEU, Group-C,AP Circle,Ongole

Wednesday, April 22, 2015

GPF Interest rate 8.7%

PROVIDENT FUND INTEREST RATE 2015-16 FIXED AT 8.7%

MINISTRY OF FINANCE

            Government Decides to Fix Interest Rates at 8.7% for General Provident Fund(GPF) and other Similar Funds Including Special Deposit Scheme, 1975(SDS,1975) for Non-Government Provident, Superannuation and Gratuity Funds for the Financial Year 2015-16.

            It was decided by the Government to link the interest rates of State PFs (General Provident Fund and other similar funds) including Special Deposit Scheme, 1975 (SDS, 1975) for Non-Government Provident, Superannuation and Gratuity Funds for the FY 2015-16 to Public Provident Fund (PPF) rates. In pursuance of that decision, the Government has decided to fix the rates 8.7% per annum applicable to the following:-

·         The General Provident Fund (Central Services).
·         The Contributory Provident Fund (India).
·         The All India Service Provident Fund.
·         The State Railway Provident Fund.
·         The General Provident Fund (Defence Services).
·         The Indian Ordnance Provident Fund.
·         The Indian Ordnance Factories Workmen’s Provident Fund.
·         The Indian Naval Dockyard Workmen’s Provident Fund.
·         The Defence Services Officers Provident Fund.
·         The Armed Forces Personnel Provident Fund.
           
         The rate of interest is applicable to the above funds w.e.f. 1st April, 2015 and until further orders




Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

To Download Adobe Reader Please click the below link

All the PDF documents require adobe reader to open the documents.Please download and install adobe reader(Acrobat Reader) by clicking the link.Please read instructions care fully before downloading the adobe reader.All the orders are in pdf format.
If you download and install adobe reader then only you can able to view/print all these orders placed in our site.Thank you comrades.
http://get.adobe.com/reader/

DOPT issued a wonderfull order regarding Govt. servants covered by New Pension Scheme

According to this order Govt. Servants who appointed on or after 01/01/2004 will cover New Pension Scheme can get Provisional Pension according to Old Pension Scheme where Govt.Servant Died/Retired on medical invalidation.For details Please click this link to down load the order

http://persmin.gov.in/WriteData/CircularNotification/ScanDocument/Pension/NPS_05052009.pdf

Disclaimer

All efforts have been made to ensure accuracy of the content on this blog, the same should not be construed as a statement of law or used for any legal purposes.AIPEU Group-C, AP Circle accepts no responsibility in relation to the accuracy, completeness, usefulness or otherwise, of the contents.Users are advised to verify/check any information with the relevant departments/or other source(S), and to obtain any appropriate professional advice before acting on the information provided in the blog.