Friday 25 May 2012

GPF Interest Rate raised again




Govt. has hiked GPF interest rate again for the F.Y. 2012-13. With effect from 1st April 2012, the rate will be 8.8%. It is applicable for General Provident Fund and 10 other similar provident funds managed by Govt. of India.
The interest rate on such funds was 8.6 per cent during December 2011-March 2012 period, while it was 8 per cent for April-November 2011. This move will benefit millions of Govt. employee.


Courtesy : http://paycommissionupdate.blogspot.in/

0 comments:

Post a Comment

Related Posts Plugin for WordPress, Blogger...

Sample text


Advertisement

 

Copyright 2008 All Rights Reserved saparavur theme by SA PARAVURr Converted into Blogger Template by SA PARAVUR