Govt notifies 8% interest rate on Deposit made under non-government PF, superannuation and gratuity w.e.f. 1st April, 2019.
MINISTRY OF FINANCE
(Department of Economic Affairs)
New Delhi, the 3rd April, 2019
No. 5(2)-B(PD)/2019.—Itis 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. 16(1)-PD/75 dated 30thJune, 1975, shall with effect from 1stApril, 2019 to 30th June, 2019 bear interest at 8.0% (Eight percent). This rate will be in force w.e.f. 1stApril, 2019.
ARVIND SHRIVASTAVA, Jt. Secy.