GPF Interest Rate – Resolution issued by Ministry of Finance

GPF Interest Rate – Resolution issued by Ministry of Finance (PUBLISHED IN PART I SECTION 1 OF GAZETTE OF INDIA) F.No. No.5( 1 )-B (PD)/2016 Govemment of India Ministry of Finance Department of Economic Affairs (Budget Division) New Delhi, Dated the 30th June, 2016 RESOLUTION It is announced for general information that during the year … Read more

Centre decides to withdraw tax on Provident Fund

Centre decides to withdraw tax on Provident Fund News have surfaced that the Prime Minister has instructed the Finance Minister to put a hold on the proposed plan to impose taxes on PF withdrawals. Finance Minister Arun Jaitley is expected to make an official announcement in this regard shortly. Employee unions all over the country … Read more

General Provident Fund Interest Rate 8.7% for 2015-16

General Provident Fund Interest Rate 8.7% for 2015-16 Government Decides to Fix Interest Rates at 8.7% for General Provident Fund(GPF) and other Similar Funds Including Special Deposit Scheme, 1975(SDS,1975) for Non-Government Provident, Superannuation and Gratuity Funds for the Financial Year 2015-16 It was decided by the Government to link the interest rates of State PFs … Read more