General Provident Fund (GPF) Interest at the rate 7.9 %
General Provident Fund (GPF) of the Government of West Bengal shall carry interest at the rate of 7.9 % (Seven point nine percent) per annum during the period from 01.10.2019 to 31.12.2019 vide No. 3879-F(J)-WB dated 31st October, 2019.
The Joint Secretary, Finance Department (Audit Branch), West Bengal
No. 3879-F(J)-WB Date: Kolkata, the 31st October, 2019
Resolution
The Governor is pleased to decide that during the period from 01.10.2019 to 31.12.2019, accumulation at the credit of the subscribers to General Provident Fund and other similar funds under the administrative control of the Government of West Bengal shall carry interest at the rate of 7.9% (Seven point nine percent) per annum. The rate will be in force during this financial year for the period from 01.10.2019 to 31.12.2019. The funds concerned are-
(i) General Provident Fund (West Bengal Service)
(ii) Contributory Provident Fund (West Bengal)
(iii) Provident Funds maintained under the West Bengal Non-Government Educational Institutions and Local Authorities (CPFE), Act 1983.
(iv) Any other Provident Fund maintained under State Account with the approval of this Government.
2. Ordered that the resolution be forwarded to all Department of the Government of West Bengal and published in Kolkata Gazette.
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