Excelsior Correspondent
JAMMU, Apr 21: Finance Department of the State Government has ordered revision of rate of interest on General Provident Fund and other similar funds.
According to the order, the accumulations at the credit of subscribers to GPF and other similar funds shall carry 8.1 percent interest for the first two quarters of 2016-17 and 8 percent on last two quarters of the fiscal. For the first quarter of year 2017-18, the rate of interest shall be 7.9 percent.