MINISTRY OF FINANCE
(Department of Economic Affairs)
NOTIFICATION
New Delhi, the 18th January, 2017
No.5(4)-B(PD)/2016.—It is hereby notified that the deposits made under the Special Deposit Scheme for Non-Government Provident, Superannuation and Gratuity Funds, announced in the Ministry of Finance (Department of Economic Affairs) Notification No.F. 1 6(1)-PD/75 dated 30th June, 1975, shall with effect from 1st January, 2017 to 31st March, 2017, bear interest at 8.0% (eight per cent). This rate will be in force w.e.f. 1st January, 2017.
PRASHANT GOYAL, Jt. Secy.
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The interest rate notification is not clear.pl elobrate