ORDER : In the Government Orders first and second read above , orders were issued fixing the rate of interest on the accumulation at the credit of the subscribers of General Provident Fund ( Tamil Nadu ) during the financial year 2020-2021 as detailed below :
S1.No. Quarter Period Rate of Interest
I 1-04-2020 to 30-06-2020 - 7.1 %
II 1-07-2020 to 30-09-2020 - 7.1 %
2 . The Government of India , in its resolution third read above , announced that during the year 2020-2021 , accumulation 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 ) with effect from 1st October , 2020 to 31st December , 2020 .
3 . The Government now direct that the rate of interest on the accumulation at the credit of the subscribers to General Provident Fund ( Tamil Nadu ) shall carry interest at the rate of 7.1 % ( Seven point one percent ) with effect from 1st October , 2020 to 31st December , 2020
GO NO : 386 , DATE : 02.10.2020 - Download here...
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