Government reduces interest rate on GPF to 8 percent New Delhi: In a move which will hurt millions of employees, the government has reduced interest rate on contributions to General Provident Fund (GPF) and other similar funds to 8% from October 1 to December 31 for fiscal 2016-17. The interest rate on such funds was 8.1% from April, 2016, while it was at 8.7 per cent for … [Read more...] about Government reduces interest rate on GPF to 8 percent
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