Department of Economic Affairs has published a resolution declaring the GPF Interest at the rate of 7.1 Percent from 1st April 2020. The General Provident Fund and other similar funds shall carry this interest rate up to 30th June, 2020. (PUBLISHED IN PART I SECTION 1 OF GAZETTE OF INDIA)F.NO.5(2)-B(PD)/2020Government of IndiaMinistry of FinanceDepartment of Economic … [Read more...]
GPF Interest rate from October 2017
GPF Interest rate from October 2017 GPF Interest rate from October 2017 to December 2017 is announced by Department of Economic Affairs, Ministry of Finance . The GPF Resolution is given below. (PUBLISHED IN PART I SECTION 1 OF GAZETTE OF INDIA) F.NO. 5(1)-B(PD)/2017 Government of India Ministry of Finance Department of Economic Affairs (Budget Division) New Delhi, the … [Read more...]
Aadhaar linking and interoperability of GPF, PPF and EPF
Aadhaar linking and interoperability of GPF, PPF and EPF No.CAIU/011(44)2016/Aadhar/10273 Date: 22 SEP 2017 To All ACCs (Zones) including ACC (ASD), All RPFC-I/ RPFC 11 (Regional Offices), Sub:- Aadhaar linking and interoperability of General Provident Fund (GPF), Public Provident Fund (PPF) and Employees’ Provident Fund (EPF) -regarding. Sir, Please find enclosed … [Read more...]
EPFO Investment in Stocks through ETF
EPFO Investment in Stocks through ETF Whether it is a fact that the EPFO”s investment in stocks through Exchange Traded Funds (ETFs) would cross the Rs. 45,000 crore mark by the end of this fiscal? No. Whether it is also a fact that the rate of return on this investment for the last year was 13.3 per cent? No. Whether it is also a fact that as on April, 2017 the stock … [Read more...]
GPF Interest Rate
GPF Interest Rate 2016 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 that during the year 2016-17, accumulations at the credit of subscribers to the GPF and other similar funds shall carry interest at the rate of 8.1% (Eight point one per cent) … [Read more...]