Rate of Interest under Special Deposit Scheme
Rate of Interest under Special Deposit Scheme
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 January, 2023 to 31st March, 2023 bear interest at 7.1% (seven point one percent).
This rate will be in force w.e.f. 1st January, 2023.
Read More on Finance