GPF Interest Rate From April 2016 in Tamilnadu

GPF Interest Rate From April 2016 in Tamilnadu

GOVERNMENT OF TAMIL NADU
2016
FINANCE (ALLOWANCES) DEPARTMENT
G.O.No.209, DATED 15.07.2016
(Dhunmugi, Aani 31, Thiruvalluvar Aandu 2047)

PROVIDENT FUND- General Provident Fund (Tamilnadu) – Rate of interest for the period 01.04.2016 to 30.06.2016 – Orders – Issued.

Read the following:-

1. O.Ms.No.129, Finance (Allowances) Department, dated 27.4.2015.
2. From the Government of India, Ministry of Finance, Department of Economic Affairs, (Budget Division) New Delhi, Resolution        5(1)-B(PD)/2016, dated 02.06.2016.

ORDER:

The Government direct that the accumulation at the credit of the subscribers to the General Provident Fund (Tamil Nadu) shall carry interest at the rate of 8.1% (Eight point one per cent) with effect from 1s^t April, 2016 to 30^th June, 2016.

2. The rate of interest on belated final payment of General Provident Fund accumulations remaining unpaid for more than three months of its becoming payable shall be at the same rates as indicated in para 1 above.

(BY ORDER OF THE GOVERNOR)

SHANMUGAM
ADDITIONAL CHIEF SECRETARY TO GOVERNMENT

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