GPF interest rate for west Bengal between 01.04.2019 to 30.06.2018 | Labour Law News

GPF interest rate for west Bengal between 01.04.2019 to 30.06.2018

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GPF interest rate for west Bengal between 01.04.2019 to 30.06.2018 – 7.6% per annum

GPF interest rate for west Bengal between 01.04.2019 to 30.06.2018 – 7.6% per annum

The Governor is pleased to decide that during the period from 0l-.04.2019 to 30.06.2018, accumulation at the credit of the subscribers to General provident Fund and other similar funds under the administrative control of the Government of west Bengal shall carry interest at the rate of 7.6% (seven point six) per annum. The rate will be in force during this financial year for the period from 01.04.20i.g to 30.06.2018. The funds concerned are :-

General Provident Fund (West Bengal Service).

Contributory Provident Fund (West Bengal).

Provident Funds maintained under the West Bengal Non-Government Educational lnstitutions and Local Authorities (CpFE) Act, 19g3.

Any other Provident Fund maintained under State Account with the approval of this Government.

  1. ordered that the resolution be forwarded to all Departments of the Government of West Bengal and published in Kolkata Gazette.

Source: Government of West Bengal

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