Government Retains Interest Rate For General Provident Fund And Other Related Schemes At 8%

The government has retained the interest rate for General Provident Fund (GPF) and other related schemes at 8% for the April-June quarter. It is announced for general information that during the year 2019-20, accumulations at the credit of subscribers to the GPF and other similar funds shall carry interest at the rate of 8% with effect from April 1 to June 30, 2019, a Department of Economic Affairs notification said.

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