CIRCULAR DGBA. CDD. NO. H-7815/15.01.001/2011-12
DATED 6-6-2012
The Government of India has vide Notifications, as detailed below, notified revision in the interest rates on the deposits 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 June 30, 1975.
|
Notification details |
Rate of Interest |
With effect from |
|
Government of India, Ministry of Finance (Department of Economic Affairs) Notification No.5(4) - B(PD)/2011 dated March 13, 2012 |
8.6% per annum (eight point six per cent per annum) |
December 01, 2011 |
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Government of India, Ministry of Finance (Department of Economic Affairs) Notification No.5(4) - B(PD)/2012 dated May 22, 2012 (to be published as a Gazette Notification) |
8.8% per annum (eight point eight per cent per annum) |
April 01, 2012 until further orders. |
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Circular No : CIRCULAR DGBA. CDD. NO. H-7815/15.01.001/2011-12Published in Income Tax