Thursday 3 October 2024

Rate of Interest on GPF and other similar funds for Q3 of FY 2024-2025 Oct-Dec, 2024: FinMin Resolution dated 03.10.2024

 Rate of Interest on GPF and other similar funds for Q3 of FY 2024-2025 Oct-Dec, 2024: FinMin Resolution dated 03.10.2024

(TO BE PUBLISHED IN PART I SECTION 1 OF GAZETTE OF INDIA)
F.NO. 5(3)-B(PD)/2023
Government of India
Ministry of Finance
Department of Economic Affairs
(Budget Division)

New Delhi, the 03 October, 2024

RESOLUTION

It is announced for general information that during the year 2024-2025, 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. 1 October, 2024 to 31 December, 2024. This rate will be in force w.e.f. 1 October, 2024. 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/-
(Asihish Vachhani)
Additional Secretary to the Govt. of India

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