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GPF to carry 7.8 per cent interest

GPF to carry 7.8 per cent interestNew Delhi, Oct 25 (IANS) The General Provident Fund (GPF) and other similar funds will carry an interest rate of 7.8 per cent during 2017-18 with effect from October 1 to December 31 this year.

"The government has announced that during 2017-18, accumulations at the credit of subscribers to GPF and other similar funds shall carry interest at the rate of 7.8 per cent with effect from October 1 to December 31. This rate will be in force w.e.f. October 1," an official release said.

(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)

 

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GPF to carry 7.8 per cent interest

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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.

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