Reetu | Apr 12, 2022 |

Know updated interest rate on Special Deposit Scheme for Non-Government Provident, Superannuation & Gratuity Funds

The Department of Economic Affairs vide Notification No. F. No. 5(4)-B(PD)/2021 dated 1st April 2022 notifies updated interest rate on Special Deposit Scheme for Non-Government Provident, Superannuation & Gratuity Funds.

The Notification is Given Below:

F. No. 5(4)-B(PD)/2021.—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, 2022 to 30th June, 2022 bear interest at 7.1% (seven point one percent). This rate will be in force w.e.f. 1st April, 2022.

To Read Notification Download PDF Given Below:

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Tags: Finance, Gratuity, Interest Rate, Notification, Studycafe, Superannuation

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Name: Reetu

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Reetu is a Content Writer with 3+ years of experience in GST, Income Tax, Finance, Company Law, Education and Career Related Content. She is a B.COM(Honrs.) Graduate.

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