General Provident Fund Interest 7.6% from July 2018 General Provident Fund and other similar funds shall carry interest at the rate of 7.6% (Seven point six percent) w.e.f 1st July, 2018 to 30th September, 2018 (PUBLISHED IN PART I SECTION 1 OF GAZETTE OF INDIA) F.NO.5(1)-B(PD)/2018 Government of India Ministry of Finance Department of Economic […]
Current Pension rate of Contributory Provident Fund (CPF) Pensioners
Current Pension rate of Contributory Provident Fund (CPF) Pensioners Ministry of Finance Current Pension rate of Contributory Provident Fund (CPF) pensioners The Central Government employees who are covered by CPF Rules (India) 1962 and who retired on or after 01.01.1986 are not entitled to any monthly pension/ex-gratia amount. However, the Government employees under CPF who […]
Pledging PF to buy home may soon become a reality
Pledging PF to buy home may soon become a reality Retirement fund body EPFO may soon introduce a scheme to allow its over 4 crore subscribers to pledge their provident fund to buy low-cost houses and use the account to pay equated monthly installments. “We are working on a housing scheme for members of the […]