BusinessInterest Rate On General Provident Fund, Other Related Schemes Raised To 8%
ADVERTISEMENT
Interest Rate On General Provident Fund, Other Related Schemes Raised To 8%
Government has increased the rate of interest for GPF by 0.4%
The interest rate would apply on PFs of central government employees
Last month, the government hiked interest rate on small savings schemes
The rate of GPF is in line with that for Public Provident Fund.
The government has increased the rate of interest for General Provident Fund (GPF) and other related schemes by 0.4 percentage points to 8 per cent for the October-December quarter.