General Provident Fund interest at the rate of 8% from 1st April 2019 to 30th June 2019 – DEA Resolution (PUBLISHED IN PART I SECTION 1 OF GAZETTE OF INDIA) F.NO. 5(2)-B(PD)/2019 Government of India Ministry of Finance Department of Economic Affairs (Budget Division) New Delhi, the 3rd April, 2019 RESOLUTION It is announced for general information that during the year 2019-2020, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 8% (Eight percent) w.e.f. 1st April, 2019 to 30th June, 2019. This rate will be in force w.e.f. 1st April, 2019. 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...

General Provident Fund (GPF) to be introduced to willing National Pension System (NPS) employees- AIDEF Circular ALL INDIA DEFENCE EMPLOYEES’ FEDERATION Special Circular No.72 Date : 13.04.2019 As already informed to you the meeting of the National Council (JCM) was held on 13/04/2019 under the Chairmanship of the Cabinet Secretary. AIDEF was represented by Comrades C. Srikumar, K.Balakrishnan and R.S.Reddy. After the introductory remark by the Cabinet Secretary the Staff Side raised the following issues: The 47th Meeting of the National Council (ICM) is being Called by the Chairman after a period of 9 years. The last i. e. the 46th meeting of the National Council (JCM) was held on 15 May 2010. Under the JCM Scheme the Ordinary meetings of the National Council shall be held as often as necessary, and not less than once in four months. Special meetings can also be called by the Chairman or on a request from the Staff Side. Unfortunately between 1999 and as on date only 7 meet...

GPF Interest 8% from 1.1.2019 to 31.3.2019 GPF and similar funds Interest Rate – 8% (Eight percent) w.e.f. 1st January, 2019 to 31st March, 2019 (PUBLISHED IN PART I SECTION 1 OF GAZETTE OF INDIA) F.NO. 5(1)-B(PD)/2018 Government of India Ministry of Finance Department of Economic Affairs (Budget Division) New Delhi, the 03 January, 2019 RESOLUTION It is announced for general information that during the year 2018-2019, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry   interest at the rate of 8%   (Eight percent) w.e.f. 1st January, 2019 to 31st March, 2019. This rate will be in force w.e.f.1st January, 2019. 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 Ordn...

Government Hikes GPF Interest Rate To 8% For October-December quarter. The government has increased the rate of interest for General Provident Fund (GPF) and other related schemes by 0.4 percentage points to 8 per cent for the October-December quarter. The rate is in line with that for Public Provident Fund. The interest rate on GPF was 7.6 per cent for the July-September quarter of 2018-19. “… during the year 2018-2019, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 8 per cent with effect from October 1, 2018, to December 31, 2018,” a Department of Economic Affairs’ notification said. The interest rate would apply on Provident Funds of central government employees, railways and defence forces. Last month, the government announced that the interest on small savings, including NSC and PPF, will be hiked by up to 0.4 percentage point for the October-December quarter, to align it with rising...

Speedy Clearance of GPF Final Settlement: DAD Estt Government of India Ministry of Defence Office of the Principal Controller of Accounts (FYS) AN-VII Section 10-A, S.K.Bose Road, Kolkata-700001 No.525/AN/VII/Circular/2017 Dated: 26.09.2018 Sub: Speedy Clearance of GPF Final Settlement: DAD Estt. It has been noticed that Br.Account Officers are forwarding GPF final settlement claim to CDA(Fund), Meerut for payment at belated stage which may cause delay in payment of GPF accumulation to retirees. In this connection, reference is invited to this officer important circular dated 5.11.2012 (Copy enclosed) which is self explanatory. A check list circulated by CDA(Fund). Meerut vide their circular no.AN/Funds/Coord/Circular dated 25.8.2015 is also enclosed herewith for strict compliance. Enclo: As above. Sd/- (Praveen Ranjan) Dy.Controller of Account(AN) Source: http://pcafys.nic.in

GPF Interest Rate from Jan 2018 to Mar 2018 - Department of Economic Affairs (DEA) Orders General Provident Fund (GPF) Interest Rate from January 2018 to March 2018 Resolution – accumulations at the credit of subscribers to the GPF and other similar funds - 2017, w.e.f. 1st January, 2018 to 31st March, 2018 (PUBLISHED IN PART I SECTION 1 OF GAZETTE OF INDIA) F.NO. 5(1)-B(PD)/2017 Government of India Ministry of Finance Department of Economic Affairs (Budget Division) New Delhi, the 1st January, 2018 RESOLUTION It is announced for general information that during the year 2017-2018, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 7.6% (Seven point six per cent) w.e.f. 1st January, 2018 to 31st March, 2018. This rate will be in force w.e.f.1st January, 2018 . The funds concerned are: 1. The General Provident Fund (Central Services). 2. The Contributory Provident Fund (India). 3. The All India Services Pro...

General Provident Fund (GPF) and other similar funds shall carry interest at the rate of 7.8% w.e.f. 1st October, 2017 to 31st December, 2017 General Provident Fund (GPF) and other similar funds shall carry interest at the rate of 7.8% w.e.f. 1st October, 2017 to 31st December, 2017. The Government of India has announced that during the Financial Year 2017-18, accumulations at the credit of subscribers to the General Provident Fund (GPF) and other similar funds shall carry interest at the rate of 7.8% (Seven point eight per cent) with effect from 1st October, 2017 to 31st December, 2017. This rate will be in force w.e.f. 1st October, 2017. The Notification to this effect has been issued and published in the Gazette of India on 23rd October, 2017. PIB