GPF ZPPF PF Interest Rates January 2025 to June 2025, GPF ZPPF PF Similar Funds Interest rates from January 2025 to June 2025, Provident Fund Interest rate on General Provident Fund (Andhra Pradesh) for the subscribers of GPF and other similar funds at the rate of 7.1% (Seven point One percent) per annum with effect from 01.01.2025 to 30.06.2025 for the F.Y. 2024-25 C.F.Y. 2025-26 - Orders - Issued.
GPF ZPPF PF Interest Rates January 2025 to June 2025 FINANCE (HR-III- Pension, GPF) DEPARTMENT G.O.Rt.No. 1590 Dated: 28-04-2025
Read the following:
1. G.O.Rt.No.1546, Finance (HR.III–Pension, GPF) Department, Dt.24.04.2028.
2. Resolution F.No.5(3)-B(PD)/2023, Government of India, Ministry of Finance, Department of Economic Affairs (Budget Division), dt:3rd January, 2025.
3. Resolution F.No.5(3)-B(PD)/2023, Government of India, Ministry of Finance, Department of Economic Affairs (Budget Division), dt:1st April 2025.
ORDER:
According to Rule 13(1) of General Provident Fund (Andhra Pradesh) Rules 1935, Government shall pay to the credit of the account of a subscriber interest at such rate as may be determined for each year according to the method of calculation prescribed from time to time by the Government of India for payment of interest on subscription to the General Provident Fund in respect of Central Services.
In the G.O.1st read above, the State Government have adopted the interest rate of 7.1% per annum for the period from 01.01.2025 to 30.06.2025, during the F.Y.2024-25 on the following Provident Funds and other similar funds maintained by the Government of Andhra Pradesh on par with rates of Government of India.
a. The General Provident Fund (Andhra Pradesh) Rules1935
b. The Electricity Department Provident Fund Rules.
c. Emergency Cut and Compulsory Saving Rules, 1949.
d. Government Distilleries Employees Provident Fund
e. Andhra Pradesh Government Life Insurance Fund.
f. Andhra Pradesh Employees Welfare Fund Rules.
In the reference 2 nd & 3rd read above, the Government of India have announced that, during the year 2024-25 & 2025-26, accumulations 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) w.e.f. 1 st January 2025 to 30th June 2025. This rate will be in force w.e.f. 1 st January 2025.
Government after careful examination of the matter hereby order to adopt the rate of interest at 7.1% (Seven point One percent) per annum for the period from 1st January 2025 to 30th June 2025 during the F.Y.2024-25 & 1st quarter of C.F.Y 2025-26 on the following Provident Funds and other similar funds maintained by the Government of Andhra Pradesh on par with rates of Government of India. This rate will be in force w.e.f 1st January 2025.
a. The General Provident Fund (Andhra Pradesh) Rules1935
b. The Electricity Department Provident Fund Rules.
c. Emergency Cut and Compulsory Saving Rules, 1949.
d. Government Distilleries Employees Provident Fund
e. Andhra Pradesh Government Life Insurance Fund.
f. Andhra Pradesh Employees Welfare Fund Rules.