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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 for the quarter April-June 2024.

Detailed Summary

The Ministry of Finance (Department of Economic Affairs), under F. No. 5(3)-B(PD)/2023, notified on 10th June 2024 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 per cent per annum for the period 1st April 2024 to 30th June 2024, with this rate in force with effect from 1st April 2024. Signed by Ashish Vachhani, Additional Secretary.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-10062024-254630 EXTRAORDINARY PART I—Section 1 PUBLISHED BY AUTHORITY No. 150] NEW DELHI, MONDAY, JUNE 10, 2024/JYAISHTHA 20, 1946 MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 10th June, 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 April, 2024 to 30th June, 2024 bear interest at 7.1% (Seven point one percent). This rate will be in force w.e.f. 1st April, 2024. ASHISH VACHHANI, Addl. Secy.

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