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30th December, 2022: Rate of Interest on General Provident Fund (GPF) and other similar funds for Q3 of FY 2022-23
GPF Interest Rates. Ministry of Finance will release the GPF & other fund interest rates during 1st week of each quarter. Interest Rates for the following funds. 1. The General Provident Fund (Central Services). 2. The Contributory Provident Fund (India). 3.
It is announced for general information that during the year 2022-2023, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 7.1 % (Seven point one percent) w.e.f. 1st October, 2022 to 31 st December, 2022. This rate will be in force w.e.f. 1st October, 2022.
Apr 11, 2023 · The finance ministry revises the interest rate on GPF every quarter. The Employees Provident Fund Organisation (EPFO) has fixed the interest rate of EPF at 8.15 per cent for the financial year 2022-23. Small saving schemes’ interest rates for April-June quarter of 2023
It is announced for general information that during the year 2022-2023, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 7.1% (Seven point one percent) w.e.f. 1st July, 2022 to 30th September, 2022. This rate will be in force w.e.f. 1st July, 2022.
Jan 4, 2023 · The Ministry of Finance has announced the interest rate for General Provident (GPF) and other similar provident fund schemes. The ministry has retained the interest rate, i.e., it has kept rates for GPF and similar funds unchanged for the January- March of 2023.
GPF RATE OF INTEREST Year Rate (in %) Year Rate (in %) 1956-1962 3.75 1981-1983 9 1962-1965 4 1983-1984 9.5 1965-1966 4.25 1984-1985 10 ... From 2016-17 onwards Interest rates announced on quarterly basis Year APR-JUN Rate (in %) JUL-SEP Rate (in %) OCT-DEC Rate (in %) JAN-MAR ... 2019-2020 8.0 7.9 7.9 7.9 2020-2021 7.1 7.1 7.1 7.1 2021-2022 7.1 . 7.1. 7.1. 7.1. 2022-2023. 7.1\r. Author:
Oct 4, 2023 · The EPF deposits will now be entitled to the new interest rate of 8.15% for FY 2022-23. The Employees' Provident Fund account only receives the interest once a year, on March 31 of the relevant fiscal year, despite the fact that it is calculated on a monthly basis.
Apr 4, 2022 · It is announced for general information that during the year 2022-2023, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall Carry interest at the rate of 7.1% (Seven point one percent) w.e.f. 1st April, 2022 to 30th June, 2022. This rate will be in force w.e.f, 1 April, 2022.
The government levied an interest rate on GPF and similar funds at 7.1% for the current quarter. In the previous quarter, too, the rate of GPF interest was 7.1%. According to Government officials, this is in line with the cut in the Public Provident Fund or PPF rates under small savings schemes.
