GPF Interest Rate

Government workers can invest in the GPF, a long-term savings plan, and build up savings throughout the course of their employment. Upon retirement, an employee is paid the entire sum accumulated

General Provident Fund and other similar funds shall carry interest at the rate of 7.1% effective from April 1, 2024 to June 30, 2024

Reduction of time span for reopening assessments will reduce fear of the taxman

This rate is in line with that for Public Provident Fund