GPF interest rate to be 7.1% from 1st April 2023 to 30th June 2023
MINISTRY OF FINANCE
(Department of Economic Affairs)
NOTIFICATION
New Delhi, the 10th April, 2023
F. No. 5(3)-B(PD)/2023.—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 April, 2023 to 30th June, 2023 bear interest at 7.1% (Seven point one percent). This rate will be in force w.e.f. 1st April, 2023.
ASHISH VACHHANI, Addl. Secy.
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- Order u/s 69 of the CGST Act has to be communicated before arrest of person concerned– SC
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- Distinction between religious & charitable purposes is determined by institution’s primary or dominant object
- Fit case to issue notice u/s 148 – Relevancy of material & application of mind to objections important
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