Finance Ministry

GPF/Similar funds interest rate 8.1% from 01042016 to 30062016. Resolution of Finance Ministry (Budget Division) dated 02/06/2016

F No. 5(1)-B(PD)/2016
Government of India
Ministry of Finance
Department of Economic Affairs
(Budget Division)

New Delhi, Dated the 2nd June, 2016

RESOLUTION

It is announced for general information that during the year 2016-17, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 8.1% (eight point one per cent) w.e.f. 1st April, 2016 to 30th June, 2016. This rate will be in force w.e.f. 1st April, 2016. 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 Ordinance Department Provident Fund
  7. The Indian Ordinance Factories Workmen’s Provident Funs
  8. The Indian Naval Dockyard Worksmen’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

(H. K. Srivastava)
Director (Budget)

Share

Recent Posts

  • Income Tax

CBDT condones delay in filing Form No. 10AB

CBDT condones delay in filing Form No. 10AB furnished electronically between 01.10.2025 to 31.03.2026. CBDT has condoned the delay in…

7 hours ago
  • bankruptcy

SC express concern over AI generated judgments/paragraphs escaping scrutiny by NCLT/NCLAT

Supreme Court expresses serious concerns over AI generated judgments/paragraphs relied upon by the NCLT/NCLAT In a recent judgment, the Hon'ble…

19 hours ago
  • ICAI

ICAI to take disciplinary action for quoting very low & incommensurate fee by Chartered Accountants

ICAI to take disciplinary action for quoting very low and incommensurate fee by Chartered Accountants As per the announcement made…

20 hours ago
  • Income Tax

NSDL latest e-TDS TCS RPU Version 6.00 and FVU 9.5 RPU V 1.0 from Tax Year 2026-27 – Download

NSDL latest e-TDS TCS RPU Version 6.0 from FY 2007-08 NSDL has revised the e-TDS TCS RPU utility for preparing…

23 hours ago
  • Income Tax

Requirement for filing Form 67 for claiming FTC only directory not mandatory – ITAT

Requirement for filing Form 67 for claiming Foreign Tax Credit (FTC) is only directory and not mandatory - ITAT In…

1 day ago
  • Income Tax

Limitation to invoke power u/s 263 for issues not covered in re-assessment start from original assessment – ITAT

Limitation for invoking revisional jurisdiction u/s 263 with respect to issues not covered in re-assessment would start from the original…

2 days ago