Agartala, March 07, 2019: The state government has revised the interest rate of General Provident Fund (GPF) and other similar funds as per the interest rate prescribed by the central government. A government notification vide- No. F. 12(1)-FIN(G)/93(Vol-I), issued from the Finance department today said, “Resolution of Union Ministry of Finance, Department of Economic Affairs in this respect would be deemed to be applicable on General Provident Fund and other similar funds of the Government of Tripura.”
The revised interest rate is following- A) Interest rate to be carried at 7.6 percent w.e.f. 1st April, 2018 to 30th June, 2018 — this rate would be in force w.e.f 1st April, 2018.
B) Interest rate to be carried at 7.6 percent w.e.f. 1st July, 2018 to 30th September, 2018. This rate would be in force w.e.f 1st July, 2018.
C) Interest rate to be carried at 8 percent w.e.f. 1st October, 2018 to 31st December, 2018 — this rate would be in force w.e.f 1st October, 2018.
D) Interest rate would be carried at 8 percent w.c.f. 1st January, 2019 to 31st March, 2019 — this rate would be in force w.e.f. 1st January, 2019. (Courtesy: Tripura Times)
