Ministry of Finance notifies 7.1% rate of interest under Special Deposit Scheme w.e.f 1st Oct

Last updated: 04 October 2022 Follow on Google News

MINISTRY OF FINANCE
(Department of Economic Affairs)
NOTIFICATION
New Delhi, the 3rd October, 2022

Ministry of Finance notifies 7.1 rate of interest under Special Deposit Scheme w.e.f 1st Oct

F.No. 5(4)-B(PD)/2021.—It is hereby notified that the deposits made under the Special Deposit Scheme for Non-Government Provident, Superannuation and Gratuity Funds, announced in the Ministry of Finance (Department of Economic Affairs) Notification No.F.16(1)-PD/75 dated 30th June, 1975, shall with effect from 1st October, 2022 to 31st December, 2022 bear interest at 7.1% (seven point one percent). This rate will be in force w.e.f. 1st October, 2022.

ASHISH VACHHANI,
Jt. Secy.

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