Deposits made under the Senior Citizens Welfare Fund shall bear interest at 7.90%

Deposits made under the Senior Citizens Welfare Fund shall bear interest at 7.90%

Deposits made under the Senior Citizens Welfare Fund shall bear interest at 7.90% MINISTRY OF FINANCE (Department of Economic Affairs) NOTIF

authorCA Deepak GuptadateDec 19, 2018
Last update on Dec 19, 2018

Deposits made under the Senior Citizens Welfare Fund shall bear interest at 7.90%

MINISTRY OF FINANCE

(Department of Economic Affairs)

NOTIFICATION

New Delhi, the 6th December, 2018

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, 2018 to 31st March, 2019, bear interest at 7.90% (Seven point nine per cent). This rate will be in force with effect from 1st April, 2018.

[F. No. 13/20/2014-NS]

ARVIND SHRIVASTAVA, Jt. Secy.

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