None
Skip to mainThe interest rate on the General Provident Fund (GPF) will continue to be 7.1 per cent as per the order issued by the Finance Department on Monday.
Previously, the national government had maintained the interest rates on PPF, NSC (National Saving Certificate), Sukanya Samriddhi Yojana (SSY), and other small saving programmes untouched for the months of October to December 2021. The current quarter's PPF interest rate is 7.1 per cent, compounded annually. Read: PPF, NSC & other small savings schemes interest for Q4 FY 21-22 unchanged
All permanent government employees and all temporary government employees after one year of continuous service, all re-employed pensioners (except those eligible for admission to the Contributory Provident Fund), are covered under the General Provident Fund (Central Services) Rules 1960.
Every non-pensioner government servant belonging to any of the services under the supervision of the President is covered by the Contributory Provident Fund Rules (India), 1962. For particular purposes, the Rules allow for the withdrawal of advances or withdrawals from the CPF. The CPF Rules, like the GPF Rules, include a revised Deposit Linked Insurance Scheme.
(TO BE PUBLISHED IN PART I SECTION 1 OF GAZETTE OF INDIA)
F.NO. 5(4)-B(PD)/2021
Government of India
Ministry of Finance
Department of Economic Affairs
(Budget Division)
New Delhi, the 3rd January, 2022
It is announced for general information that during the year 2021-2022, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 7.1% (Seven point one percent) w.e.f. 1st January 2022 to 31st March, 2022. This rate will be in force w.e.f. 1st January, 2022. 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
(Ashish Vachhani)
Joint Secretary to the Govt. of India
To,
The Manager, (Technical Branch)
Government of India Press, Minto Road, Delhi.
F. No.5(4)-B(PD)/2021
🕑 23 Apr, 2024 10:01 AM
CGDA: Revision of rates of Allowances with DA rates increased to 50%
🕑 22 Apr, 2024 12:59 PM
CBDT: on DoPT order on regularization of Casual Workers
🕑 21 Apr, 2024 09:54 PM
DoPT Consolidated Instructions on SC, ST, OBC, PwD & EWS reservation
🕑 18 Apr, 2024 11:51 AM
Timeline extended for CGHS Beneficiary ID - ABHA ID linking
🕑 18 Apr, 2024 10:22 AM
APAR timelines for Central Civil Services extended to 30th April
🕑 10 Apr, 2024 08:25 AM
DoPT Guidelines on Departmental Promotion Committees
🕑 02 Apr, 2024 09:21 AM
CGHS ID - ABHA linking mandatory and needs to be done in 30 days
🕑 31 Mar, 2024 08:10 PM
DA from 01.01.2024 to Armed Forces Officers & Personnel Below Officer Rank
🕑 10 Apr, 2024 08:35 AM
Kendriya Vidyalaya Sangathan Admission Guidelines 2024-2025
🕑 05 Apr, 2024 01:23 PM
Kendriya Vidyalaya Balvatika Admission Schedule - 2024-25
🕑 02 Apr, 2024 09:25 AM
Kendriya Vidyalaya Admissions Open for 2024-25: Key Dates & Appln Process
🕑 01 Apr, 2024 09:23 AM
Kendriya Vidyalaya (KV) schools where Balvatika is functioning
🕑 14 Mar, 2024 02:07 PM
Govt bans 18 vulgar 18 OTT. See the list here
🕑 08 Mar, 2024 01:49 PM
Pension Scheme Gains Traction Across States, Despite Central Hurdles
🕑 20 Feb, 2024 11:17 PM
CGHS rate for general surgery applicable from February 1, 2024
🕑 08 Feb, 2024 10:19 AM
No loan interst change as RBI maintains repo rate at 6.50% for the 6th time