Posts

Showing posts from November 11, 2020

General Provident Fund in West Bengal

Image
  GPF of state government employees The West Bengal state government has announced interest rates on provident funds for state government employees in Corona.  The interest rate of the Provident Fund from 1st July to 30th September has remained the same for two more months.  The state government has declared the interest rate unchanged till 31th December . According to a notification issued by the state government's finance department, all state government employees will get interest in the provident fund at the rate of 7.1 per cent from 01-10-2020 to 31-12-2020.  Earlier, state government employees received interest at the same rate from July to September. From January 1, 2020 to March 31, 2020, the GPF interest rate was 7.9 percent. From April 1, 2020 to June 30, 2020, interest is charged at 8.1 percent per annum on all Provident Accounts under the State Government. GPF interest rate remained unchanged for 9 consecutive months. See notification👇 The interest rate w