Monday 11 June 2012

INCREASE IN GPF INTEREST RATE - 8.6%

As per the resolution No.F 5(1)-B(PD)/2011 dated 19.3.2012 issued from Ministry of Finance (Department of Economic Affairs), new Delhi communicated vide RO, Kurnool  Endt. No.PMGK/AC/GPF/FP/Gen/2012-13 dated 8.6.2012, accumulation at the credit of subscribers to the GPF and other similar funds shall carry interest at the rate 8%(Eight Percent) for the period from 1.4.2011 to 30.11.2011 and 8.6%(Eight point six percent) with effect from 1.12.2011.

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