GPF Interest Rate from July to September 2020 is 7.1%
The Department of Economic Affairs published a resolution of an interest rate for the General Provident Fund. This quarter all Central Government employees will get 7.1% interest in GPF. The resolution also said the new revised rate of interest will be calculated between the period of July to September 2020.
GPF Interest Rate from July to December 2020 is 7.1%
(TO BE PUBLISHED IN PART I SECTION 1 OF GAZETTE OF INDIA)
F. NO. 5(2)-B(PD)/2020
Government of
Ministry of Finance
Department of Economic Affairs
(Budget Division)
New Delhi, the 13th July 2020
RESOLUTION
It is announced for general information that during the year 2020-2021, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 7.1% (Seven points one percent) w.e.f. 1st July 2020 to 30th September 2020. This rate will be in force w.e.f. 1st July 2020. The funds concerned are:
1. The General Provident Fund (Central Services).
2. The Contributory Provident Fund (India).
3. The All India Services Provident Fund.
4. The State Railway Provident Fund.
5. The General Provident Fund (Defence Services).
6. The Indian Ordnance Department Provident Fund.
7. The Indian Ordnance Factories Workmen’s Provident Fund.
8. The Indian Naval Dockyard Workmen’s Provident Fund.
9. The Defence Services Officers Provident Fund.
10. The Armed Forces Personnel Provident Fund.
2. Ordered that the Resolution be published in Gazette of India.
(Anjana Vashishtha)
Director (Budget)
Click to view the GPF Resolution 2020
GPF Interest Rate from October to December 2020 is 7.1%
(TO BE PUBLISHED IN PART I SECTION 1 OF GAZETTE OF INDIA)
F.NO. 5(2)-B(PD)/2020
Government of India
Ministry of Finance
Department of Economic Affairs
(Budget Division)
New Delhi, the 27th October, 2020
RESOLUTION
It is announced for general information that during the year 2020-2021, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 7.1% (Seven point one percent) w.e.f. 1st October, 2020 to 31st December, 2020. This rate will be in force w.e.f. 1st October, 2020. The funds concerned are:
1. The General Provident Fund (Central Services).
2. The Contributory Provident Fund (India).
3. The All India Services Provident Fund.
4. The State Railway Provident Fund.
5. The General Provident Fund (Defence Services).
6. The Indian Ordnance Department Provident Fund.
7. The Indian Ordnance Factories Workmen’s Provident Fund.
8. The Indian Naval Dockyard Workmen’s Provident Fund.
9. The Defence Services Officers Provident Fund.
10. The Armed Forces Personnel Provident Fund.
2. Ordered that the Resolution be published in Gazette of India.
(Rajat Kamar Mishra)
Joint Secretary to the Govt. of India
What is the interest rate for the General Provident Fund (GPF) from July to December 2020?
The interest rate for the GPF from July to December 2020 is 7.1%.
Who published the resolution for the GPF interest rate?
The Department of Economic Affairs published the resolution for the GPF interest rate.
Who will receive the 7.1% interest in GPF?
All Central Government employees will receive the 7.1% interest in GPF.
In which period will the new revised rate of interest be calculated?
The new revised rate of interest will be calculated between the period of July to September 2020.
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