GPF rate of interest revised

GPF rate of interest revised
Representational Pic

Jammu, Dec 6: The Finance Department Monday revised the rate of interest on the General Provident Fund (GPF) to 7.1 percent.

The revision has been made under the notification issued on 5 October 2021 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 should carry interest at the rate of 7.1 percent for the third quarter of the financial year 2021-22 (1 October 2021 to 31 December 2021),” read the order issued by the Financial Commissioner, (Additional Chief Secretary), Finance Department AtalDulloo.

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