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Core Purpose

Sets interest rate at 7.1% for deposits under Special Deposit Scheme for Non-Government Provident, Superannuation and Gratuity Funds from April 1 to June 30, 2025.

Detailed Summary

This notification from the Ministry of Finance, Department of Economic Affairs, announces that the interest rate for deposits made under the Special Deposit Scheme for Non-Government Provident, Superannuation and Gratuity Funds will be 7.1% (seven point one percent) from April 1, 2025, to June 30, 2025. This rate is in accordance with Ministry of Finance Notification No. F. 16(1)-PD/75 dated June 30, 1975 and is effective from April 1, 2025.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-01042025-262204 EXTRAORDINARY PART I-Section 1 PUBLISHED BY AUTHORITY No. 108] NEW DELHI, TUESDAY, APRIL 1, 2025/CHAITRA 11, 1947 MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 1st April, 2025 F. No. 5(3)-B(PD)/2023.β€”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 April, 2025 to 30th June, 2025 bear interest at 7.1% (Seven point one percent). This rate will be in force w.e.f. 1st April, 2025. ASHISH VACHHANI, Addl. Secy.

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