Railway Provident Fund – Rate of interest from 1st July 2020 to 30th September 2020

Railway Provident Fund – Rate of interest from 1st July 2020 to 30th September 2020

GOVERNMENT OF INDIA (BHARAT SARKAR)
MINISTRY OF RAILWAYS (RAIL MANTRALAYA)
(RAILWAY BOARD)

No. F(E)III/2003/PF-1/1 pt.     New Delhi, Dated: 29.07.2020

The General Managers/Principal Financial Advisers,
All Zonal Railways/Production Units etc.,
(As per mailing list)

State Railway Provident Fund — Rate of interest during the year 2020-21 (1st July, 2020 — 30th September, 2020).

A copy of Government of India’s Resolution No. 5(2)-B(PD)/2020 dated 13th July, 2020 issued by the Ministry of Finance (Department of Economic Affairs) prescribing interest at the rate of 7.1% (Seven point one percent) w.e.f. 18 July, 2020 to 30 September, 2020 on accumulations at the credit of the subscribers to State Railway Provident Fund, is enclosed, for information and necessary action.

(G. Priya Sudarsani)
Director, Finance (Estt.),
Railway Board.

D.A.: as above

No. F(E)I/2003/PF-1/1pt. New Delhi, Dated: 29.07.2020

Copy to Deputy Comptroller and Auditor General of India (Railways), Room No.222, Rail Bhawan, New Delhi.

For Financial Commissioner/Railways.

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

F.No.5(2)-B(PD)/2020
Government of India
Ministry of Finance
Department of Economic Affairs
(Budget Division)

New Delhi, the 13th July, 2020

RESOLUTION

It is announced for general information that during the year 2020-2021, accumulations at the rcredit 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. 1st July, 2020 to 30th September, 2020. This rate will be in force w.e.f. 1st July, 2020. 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.

10. The Armed Forces Personnel Provident Fund.

2. Ordered that the Resolution be published in Gazette of India.

(Anjana Vashishtha)
Director (Budget)

To,

The Manager, (Technical Branch)
Government of India Press, Mayapuri, Delhi.

F.No.5(2)-B(PD)/2020

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.

Copy also forwarded to :—

1. Comptroller & Auditor General of India and all offices under his control.

2. Chairman, Pension Fund Regulatory and Development Authority.

3. Controller General of Accounts (10 copies).

4. Ministry of Personnel Public Grievances and Pension (Pension Unit/All India Services Division).

5. Financial Adviser of Ministries/Departments (6 copies).

6. Chief Controller of Accounts/Controller of Accounts of Ministries/Departments.

7. Controller General of Defence Accounts.

8. Finance Secretary of all State Governments and Union Territories.

9. Secretary to Governors/Lt. Governors of all States/Union Territories.

10. Secretary Statf Side, National Council of JCM.

11. All Members, Staff Side, National Council of JCM.

12. NIC – For uploading on webhost.

(A.S. Chowdhury)
Under Secretary (Budget)

http://www.indianrailways.gov.in/railwayboard/uploads/directorate/finance/FE-III/2020/PF%20Circular%20dated%2029-07-2020.pdf

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