Govt notifies 8% Interest rate for Q3 on non-Govt. PF, Superannuation Fund and Gratuity Fund

Govt notifies 8% Interest rate for Q3 on non-Govt. PF, Superannuation Fund and Gratuity Fund

No. 5(4)-B(PD)/2016.— 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 October, 2016 to 31st December, 2016, bear interest at 8.0% (eight per cent). This rate will be in force w.e.f. 1st October, 2016.