A copy of Government’s Resolution No. 5(1)-B(PD)/2010 dated 31st December, 2010 received from the Ministry of Finance (Department of Economic Affairs) prescribing interest at the rate of 8% (Eight per cent) per annum on accumulation at the credit of the subscribers to State Railway Provident Fund during the financial year beginning on 1.4.2010 is enclosed for information and necessary action.
(PUBLISHED IN PART I SECTION 1 OF GAZETTE OF INDIA)
F. No. 5 (1)-B (PD)/2010
Government of India
Ministry of Finance
(Department of Economic Affairs)
New Delhi, the 31st December ,2010
RESOLUTION
It is announced for general information that during the year 2010-2011, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall continue to carry interest at the rate of 8% (Eight per cent) per annum. This rate will be in force during the financial year beginning on 1.4.2010. The funds concerned are:-
1. The General Provident Fund (Central Services)
2. The Contributory Provident Fund (India)
3. The All India Services Provident Fund.
4. The State Railway Provident Fund.
5. The General Provident Fund (Defence Services)
6. The Indian Ordnance Department Provident Fund.
7. The Indian Ordnance Factories Workmen’s Provident Fund.
8. The Indian Naval Dockyard Workmen’s Provident Fund.
9. The Defence Services Officers Provident Fund.
10. The Armed Forces Personnel Provident Fund.
2. Ordered that the Resolution be Published in Gazette of India.
Railway Board Letter No
F(E)III/2003/PF1/1 dated 19.04.2011
Date
RBE No
50/2011
Circular Subject
State Railway Provident Fund-Rate of Interest during the year 2010-2011