FD approves 7.1% interest on GPF

Excelsior Correspondent

JAMMU, Nov 3: Finance Department has ordered that the accumulations at the credit of subscribers to General Provident Fund shall carry interest at the rate of 7.1 per cent.
According to the order issued by Director General (Codes) Finance Department, “Pursuant to the notification issued by the Department of Economic Affairs, Ministry of Finance, Government of India, it is hereby ordered that the accumulations at the credit of subscribers to General Provident Fund shall carry interest at the rate of 7.1 per cent for 3rd quarters of the financial year 2022-23 i.e 1st October, 2022 to 31st December, 2022”.