Interest Rate on GPF and other similar funds for Q1 of FY 2022-2023 w.e.f. 1st April, 2022 to 30th June, 2022
Interest Rate on General Provident Fund (GPF) and other similar funds for Q1 of FY 2022-2023 w.e.f. 1st April, 2022 to 30th June, 2022
(TO BE PUBLISHED IN PART I SECTION 1 OF GAZETTE OF INDIA)
F.NO. 5(4)-B(PD)/2021
Government of India
Ministry of Finance
Department of Economic Affairs
(Budget Division)
New Delhi, the 01 April, 2022
RESOLUTION
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 funds concerned are:
- The General Provident Fund (Central Services).
- The Contributory Provident Fund (India).
- The All India Services Provident Fund.
- The State Railway Provident Fund.
- The General Provident Fund (Defence Services).
- The Indian Ordnance Department Provident Fund.
- The Indian Ordnance Factories Workmen’s Provident Fund.
- The Indian Naval Dockyard Workmen’s Provident Fund.
- The Defence Services Officers Provident Fund.
- The Armed Forces Personnel Provident Fund.
2. Ordered that the Resolution be published in Gazette of India.
(Ashish Vachhani)
Joint Secretary to the Govt. of India
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Also check the following links related to this topic:
General Provident Fund (GPF) Interest Rate w.e.f. 1st January 2022 to 31st March, 2022
Interest Rate on GPF and other similar funds for 3rd quarter of FY 2021-22
Rate of Interest on GPF and other similar funds w.e.f. 1st July, 2021