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Core Purpose

Notification by the Department of Economic Affairs, Ministry of Finance, fixing the interest rate on deposits made under the Senior Citizens Welfare Fund at 7.15% for the period 1st April 2023 to 31st March 2024.

Detailed Summary

Vide F. No. 13/20/2014-NS dated 10th June 2024, the Ministry of Finance (Department of Economic Affairs) notified that deposits made under the Senior Citizens Welfare Fund, announced through Notification No. G.S.R. 322(E) dated 18th March 2016, shall bear interest at the rate of 7.15% (seven point one five percent) with effect from 1st April 2023 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-13062024-254681 EXTRAORDINARY PART I—Section 1 PUBLISHED BY AUTHORITY No. 157] NEW DELHI, THURSDAY, JUNE 13, 2024/JYAISHTHA 23, 1946 MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 10th June, 2024 F. No. 13/20/2014-NS.—It is hereby notified that the deposits made under the Senior Citizens Welfare Fund, announced in the Ministry of Finance (Department of Economic Affairs) Notification No. G.S.R. 322(E) dated 18th March, 2016, shall with effect from 1st April, 2023 to 31st March, 2024, bear interest at 7.15% (Seven point one five percent). This rate will be in force with effect from 1st April, 2023. ASHISH VACHHANI, Addl. Secy. 3508 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. SARVESH KUMAR DARVESH SRIVASTAVA KUMAR SRIVASTAVA

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