Provident Fund-Rate of Interest on Deposits in General Provident Fund (Kerala) and other Provident Funds for the Financial Year 2012-13-Fixation of — Orders issued.

GOVERNMENT OF KERALA

Abstract

Provident Fund-Rate of Interest on Deposits in General Provident Fund (Kerala) and other Provident Funds for the Financial Year 2012-13-Fixation of — Orders issued.

FINANCE (PROVIDENT FUND ) DEPARTMENT

G.O.(P) No. 359/2012/Fin.                                                                         Dated, Thiruvananthapuram, 29th June, 2012.

Read:- 1. G.O.(Ms) No. 256/63/Fin dated 16.05.1963.
2. Resolution F.No.5(1)-B(PD)/2012 dated 22.05.2012 of the Ministry of Finance (Department of Economic Affairs), Government of India.

ORDER

   In the Government Order read as 1st paper above, it was ordered that the Government of India rates of interest on the General Provident Fund (Central Service) deposits from time to time would be adopted by the State Government for all kinds of Provident Funds administered by the Government.

   In the Resolution read as 2nd paper above, Government of India have announced that during the year 2012-13, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 8.8% (eight point eight percent) per annum. The rate will be in force during the financial year beginning on 01.04.2012.

   In the circumstances, Government are pleased to order that the rate of interest will be 8.8% (eight point eight percent) on all deposits and balances at the credit of subscribers of the following Provident Funds during the financial year 2012-13.

1. The General Provident Fund (Kerala).

2. The Contributory Provident Fund (Madras).

3. The Contributory Provident Fund for non-pensionable work charged establishment of the Public Works Department.

4. The Contributory Provident Fund of Forest Depaitinent.

5. The Contributory Provident Fund of the Public Health Engineering Department.

6. The Kerala Aided School Employees Provident Fund.

7. The Kerala Aided Higher Secondary School Employees Provident Fund.

8. The Kerala Aided Vocational Higher Secondary School Employees Provident
Fund.

9. The Vaidyaratnam Ayurveda College Employees Provident Fund.

10.The Kerala Ayurvedic Studies and Research Society Employees Provident Fund.

11.The Kerala Panchayat Employees Provident Fund.

12.The Kerala Private Homoeo Medical College Employees Provident Fund.

13.The Kerala Private College Staff Provident Fund.

14.The Kerala Private Engineering College & Private Polytechnic Teachers & Non- Teaching Staff Employees Provident Funds.

15.The Public Works Department Engineering Workshop (Pensionable) Workers General Provident Fund.

16.The Kerala Part Time Contingent Employees Provident Fund.

17.The Kerala NMR Pensionable Workers Provident Fund.

By Order of the Governor

T. GANGADHARAN NAMBIAR
ADDITIONAL SECRETARY (FINANCE)

Source:www.finance.kerala.gov.in