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GPF Rate of Interest 8% w.e.f. 1st Octo to 31st Decem 2018

October 10, 2018 Leave a Comment

GPF Interest Rate from October 2018 8% (Eight Percent)

Interest rate for General Provident Fund has been increased to 8% from October 2018

Resolution – accumulations at the credit of subscribers to the GPF and other similar funds w.e.f. 1st October, 2018 to 31st December 2018.

(PUBLISHED IN PART I SECTION I OF GAZETTE OF INDIA)

F.No.5(1)-B(PD)/2018
Government of India
Ministry of Finance
Department of Economic Affairs
(Budget Division)

New Delhi, the 04 October, 2018

RESOLUTION

It is announced for general information that during the year 2018-2019, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 8% (Eight percent) w.e.f. 1st October 2018 to 31st December 2018. This rate will be in force w.e.f.1st October 2018. The funds concerned are:

1. The General Provident Fund (Central Services).
2. The Contributory Provident Fund (India).
3. The All India Services Provident Fund.
4. The State Railway Provident Fund.
5. The General Provident Fund (Defence Services).
6.The Indian Ordnance Department Provident Fund.
7. The Indian Ordnance Factories Workmen’s Provident Fund.
8. The Indian Naval Dockyard Workmen’s Provident Fund.
9. The Defence Services Officers Provident Fund.
10. The Armed Forces Personnel Provident Fund.

2. Ordered that the Resolution be published in Gazette of India.

sd/-
(Anjana Vashishha)
Deputy Secretary (Budget)

Source: https://dea.gov.in

GPF Interest Calculator for CG Employees

Related posts:

  1. Provident Fund – General Provident Fund (Tamil Nadu) – Rate of interest 7.8% for the financial year 2017-2018 – Orders
  2. GPF Resolution January 2019
  3. Interest Rate for Provident Fund (PF) 8.55% – 2017-18 | Lok Sabha
  4. General Provident Fund (GPF) Interest at the Rate of 7.8% effect from 1st Octo 2017 to 31st Dece 2017
  5. Provident Fund – Rate of Interest During the year 2017-18
  6. Interest at the Rate of GPF 7.6% w.e.f 1st July to 30th Sept 2018
  7. Rate of Interest in GPF (Seven Point Six Percent) w.e.f. 1st April 2018
  8. EPF 2018-19: Rate of Interest 8.65 %
  9. Postal Savings Bank Interest Rate – 01.01.2018 to 31.03.2018
  10. State Railway Provident Fund – Interest Rate from Oct 2018 to Dec 2018

Filed Under: Finmin Orders Tagged With: General Provident Fund, Interest on GPF

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