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Core Purpose

Notification revising the interest rate on deposits under the Special Deposit Scheme for Non-Government Provident, Superannuation and Gratuity Funds to 7.1% for the quarter January-March 2024.

Detailed Summary

Issued by the Ministry of Finance, Department of Economic Affairs under F. No. 5(3)-B(PD)/2023 dated 2nd January 2024, the notification states that deposits made under the Special Deposit Scheme for Non-Government Provident, Superannuation and Gratuity Funds, announced under Notification No. F.16(1)-PD/75 dated 30th June 1975, shall bear interest at 7.1% (seven point one percent) with effect from 1st January 2024 to 31st March 2024; the notification is signed by Ashish Vachhani, Additional Secretary.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-03012024-251121 EXTRAORDINARY PART I—Section 1 PUBLISHED BY AUTHORITY No. 03] NEW DELHI, WEDNESDAY, JANUARY 3, 2024 MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 2nd January, 2024 F. No. 5(3)-B(PD)/2023.—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 January, 2024 to 31st March, 2024 bear interest at 7.1% (seven point one percent). This rate will be in force w.e.f. 1st January, 2024. ASHISH VACHHANI, Addl. Secy. 98 GI/2024 Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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