Interest at 5.81% under the Senior Citizens Welfare Fund
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, 2020 to 31st March, 2021, bear
interest at 5.81% (Five point eight one percent). This rate will be in force with effect from 1st April, 2020.
Read more on RBI, Finance, Income-tax, GST