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Rate of Interest on GPF during the year 2014-15

Published in Finance. Tags: .

Government of West Bengal
Finance Department
Audit Branch

No. 1059-F(J)-W.B. Kolkata, the 31st March, 2014

RESOLUTION

The Governor is pleased to decide that during the year 2014-2015, accumulations at the credit of the subscribers to the General Provident Fund and other similar funds under the administrative control of the Government of West Bengal shall carry interest at the rate of 8.7% (eight point seven per cent) per annum. This rate will be in force during the financial year beginning on 01.04.2014. The funds concerned are:-

i. General Provident Fund (West Bengal Service).

ii. Contributory Provident Fund (West Bengal).

iii. Provident Funds maintained under the West Bengal Non-Government Educational Institutions and Local Authorities (CPFE) Act, 1983.

iv. Any other Provident Fund maintained in the State Account with approval of this Government.

2. Ordered that the resolution be forwarded to all Departments of the Government of West Bengal and published in Kolkata Gazette.

By Order of the Governor,

Sd/- T.K. Chakraborty
Assistant Secretary to the
Government of West Bengal
Finance Department

No. 1059-F dated 31.03.2014