INSUBCONTINENT EXCLUSIVE:
The rate of GPF is in line with that for Public Provident Fund.The government has increased the rate of interest for General Provident Fund
credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 8 per cent with effect from
October 1, 2018, to December 31, 2018," a Department of Economic Affairs' notification said.The interest rate would apply on Provident Funds
of central government employees, railways and defence forces
Last month, the government announced that the interest on small savings, including NSC and PPF, will be hiked by up to 0.4 percentage point
edited by TheIndianSubcontinent staff and is published from a syndicated feed.)
