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Core Purpose

Notification fixing the interest rate on deposits under the Special Deposit Scheme for Non-Government Provident, Superannuation and Gratuity Funds at 7.1% for the quarter 1st July to 30th September 2024.

Detailed Summary

The Ministry of Finance, Department of Economic Affairs, issued Notification F. No. 5(3)-B(PD)/2023 dated 3rd July 2024, notifying that deposits made under the Special Deposit Scheme for Non-Government Provident, Superannuation and Gratuity Funds, announced vide 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 July 2024 to 30th September 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-03072024-255119 EXTRAORDINARY PART I-Section 1 PUBLISHED BY AUTHORITY No. 179] NEW DELHI, WEDNESDAY, JULY 3, 2024/ASHADHA 12, 1946 MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 3rd July, 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 July, 2024 to 30th September, 2024 bear interest at 7.1% (seven point one percent). This rate will be in force w.e.f. 1st July, 2024. ASHISH VACHHANI, Addl. Secy. 3965 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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