Rate of Interest on GPF during the year 2015-16
Update: General Provident Fund Interest Rates
GOVERNMENT OF WEST BENGAL
No. 2854-F(J)-W.B. Dated, Kolkata the 11th May, 2015.
The Governor is pleased to decide that during the year 2015-2016, accumulation at the credit of the subscribers to 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 annum. The rate will be in force during the financial year beginning on 01.04.2015. 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 under State Account with the 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/- J. K. Datta
Assistant Secretary to the
Government of West Bengal,
No. 2854-F dated 11.05.2015, Source
Finance, Provident Fund