Excelsior Correspondent
SRINAGAR, Sept 26: The Finance Department of the State Government has announced 8.8% interest rates on the GP Fund deposits.
The State Finance Department in its order No. 215-F of 2012, dated 20-9-2012, in pursuant to the notification issued by the Department of Economic Affairs ( Ministry of Finance, GOI), vide F No. 5(1)-B (PD)/ 2012, dated 22-5-2012, ordered that the accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 8.8% with effect from April 1, 2012.
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