Thursday, July 19, 2018

7.6% interest rate of deposit made under special deposit scheme w.e.f 01.07.2018 to 30.09.2018 : Notification

Govt. has announced 7.6% interest rate of deposit made under special deposit scheme for non-government provident, superannuation and gratuity fund.
MINISTRY OF FINANCE
(Department of Economic Affairs)
NOTIFICATION
New Delhi, the 17th July, 2018
F.No.5(4)-B(PD)/2018.—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.16(1)-PD/75 dated 30th June, 1975, shall with effect from 1st July, 2018 to 30th September, 2018, bear interest at 7.6% (Seven point six per cent). This rate will be in force w.e.f. 1st July, 2018.
ARVIND SHRIVASTAVA, Jt. Secy.

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