Interest rate on General Provident Fund (GPF) 8.7% from 1.4.2013

Finance Ministry OrdersInterest rate on General Provident Fund (GPF) 8.7% from 1.4.2013

Interest rate on General Provident Fund (GPF) is lowered from 8.8% to 8.7%.

As per the Finance Ministry resolution published today, Central Government employees will get less interest from the General Provident Fund (GPF), the new rate of interest will be 8.7% for the current financial year of 2013-14.

The order said that ‘during the year 2013-2014, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 8.7% (Eight point seven per cent) per annum.

This rates will be in force during the financial year beginning on 1.4.2013’.

The funds concerned are :-
1. The General Provident Fund (Central Services).
2. The Contributory Provident Fund (India).
3. The All India Services Provident Fund.
4. The State Railway Provident Fund.
5. The General Provident Fund (Defence Services).
6. The Indian Ordnance Department Provident Fund.
7. The Indian Ordnance Factories Workmen’s Provident Fund.
8. The Indian Naval Dockyard Workmen’s Provident Fund.
9. The Defence Services Officers Provident Fund.
10. The Armed Forces Personnel Provident Fund.

Comments

Post a Comment

Popular posts from this blog

Retiring Rooms in Southern Railway Stations : Number of Rooms and with Charges

Image
Retiring Rooms in Southern Railway Stations : Number of Rooms with Charges In southern region almost in all the big stations have Retiring rooms or Dormitories for convenience of the passengers. The retiring rooms can be booked in PRS counter along with the reservation. And also to get the retiring rooms from the stations masters itself to produce the original tickets of in and outward journey. In some stations the vacancy positions of retiring rooms will be made in the notice board or electronic holdings. Detailed report of Retiring Rooms with the facility of AC and Non AC, Single or Double Bed and Dormitory Halls are compiled as available in all the stations under Southern Railway are given below for your information. Sl. No. Name of the Station Type of Accommodation No. of Beds Charges 1 Alappuzha Non AC Double Bed 2 240 2 Aluva Non AC Double Bed 1 300 3 Arakkonam Jn. Non AC Double Bed 2 170 4 Aravankadu Non Ac dormitory 3 100 5 Chengannur Non
Continue reading...

Age restriction for availing LTC to son and daughter regarding...

What is the age of dependent son and daughter for LTC claim...? Is there any rule for unmarried dependent children are eligible to avail Leave Travel Concession or dependency is the only criteria..? Generally says that the female children are eligible upto marriage and male children are eligible upto age of twenty five. And one more view that the age limit for children in case of LTC should be same as for CGHS facility. According to the CCS (LTC) Rules, 1998, there is no indication of age, "Family" definition is given in the rule, "two surviving unmarried children wholly dependent on the Government servant, irrespective of whether they are residing with the Government servant or not". There is no age limit for availing LTC for the wholly dependent son or daughter.
Continue reading...

Mini Bus Scheme in Tamil Nadu

Mini Bus Scheme in Tamil Nadu : The transport services provided by the Government to the public is increasing day by day. More than 18,000 buses are operated through out the State. These facilities are available in rural, semi-urban and urban areas. Apart from this public transport system, recognizing the need to provide public transport facilities to the people of unserved or inadequately served , semi-urban and rural areas, the Government introduced the " Mini-bus Services Scheme " to be operated by private individuals from 1997. Considering the benefits of this scheme ' Government modified this scheme in 1999 enabling operations of Mini Buses in the rural areas for a total distance of 20 kms, with an overlapping distance of 4 kms on the served sectors . This modified scheme has been challenged before the Court of Law and Government is taking appropriate steps to have the matter sorted out. Presently 3959 mini buses are plying in Tamilnadu. The Government is also exp
Continue reading...