GPF Rate of interest from January 2024: MoF Order dated 02.01.2024

 (TO BE PUBLISHED IN PART I SECTION 1 OF GAZETTE OF INDIA) To, 

F.NO. 5(3)-B(PD)2023 Government of India Ministry of Finance Department of Economic Affairs (Budget Division) 3 RESOLUTION 

It is announced for general information that during the year 2023-2024, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 7.1% (Seven point one percent) w.e.f. 1stJanuary, 2024 to 31" March, 2024. This rate will be in force w.e.f. 1st January, 2024. The funds concerned are: 

1 .The General Provident Fund (Central Services). 

2. The Contributory Provident Fund (India).

3. The All India Services Provident Fund. 

4. The State Railway Provident Fund. 

5. The General Provident Fund (Defence Services). 

6.  The Indian Ordnance Department Provident Fund. 

7. The Indian Ordnance Factories Workmen's Provident Fund. 

8. The Indian Naval Dockyard Workmen's Provident Fund. 

9. The Defence Services Officers Provident Fund. 1 

10. The Armed Forces Personnel Provident Fund. 

2  Ordered that the Resolution be published in Gazette of India. The Manager, (Technical Branch) F.No.5(3)-B(PD)/2023

Government of India Press, Minto Road, Delhi. Copy also forwarded to : 

11. Copy forwarded to all Ministries/Departments of Government of India, President's Secretariat, Vice-President's Secretariat, Prime Minister's Office, Lok Sabha Secretariat, Rajya Sabha Secretariat Cabinet Secretariat, Union Public Service Commission, Supreme Court, Election Commission and NITI Aayog. 

12. 

New Delhi, the 2 January, 2024 Controller General of Accounts (10 copies). 

Additional Secretary to the Govt. of India Comptroler & Auditor General of India and all offices under his control. 

Chairman, Pension Fund Regulatory and Development Authority. (Ashish Vachhani) Controller General of Defence Accounts. Ministry of Personnel Public Grievances and Pension (Pension UnitUAll india Services Division). Financial Adviser of Ministries/Departments (6 copies). Chief Controller of Accounts/Controller of Accounts of Ministries/Departments. Secretary Staff Side, National Council of JCM. Finance Secretary of all State Governments and Union Territories. Secretary to Governors/Lt. Governors of all States/Union Territories. All Members, Staff Side, National Council of JCM. NIC - For uploading on webhost. (Rathna Gurumurthy) Under Secretary (Budget)