Government Retains 7.1% Interest Rate On General Provident Fund For Q4

In the previous quarter ended December 31, the General Provident Fund interest was similar at 7.1%

PTI @PTI_News

10:32 PM IST, 03 Jan 202310:32 PM IST, 03 Jan 202310:32 PM IST, 03 Jan 202310:32 PM IST, 03 Jan 2023

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The central government on Tuesday kept the interest rate unchanged at 7.1% for the subscribers of the General Provident Fund and other similar funds.

In the previous quarter ended Dec. 31, the General Provident Fund interest was similar at 7.1%.

The rate is valid from Jan. 1, 2023, to Mar. 31, 2023, the Finance Ministry said in a notification. The rate will be in force with effect from Jan. 1, 2023, it said.