Interest Rate for State Railway Provident Fund during 2019-20 (RBE No. 21/2020)

Interest Rate for State Railway Provident Fund during 2019-20 (RBE No. 21/2020)

Interest Rate for State Railway Provident Fund during 2019-20 (RBE No. 21/2020)

 RBE No. 21/2020

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

No. F(E)III/2003/PF1/1                                                    New Delhi, Dated: 12.02.2020

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

Subject: State Railway Provident Fund — Rate of interest during the year 2019-20 (January, 2020 — March, 2020).

*****

A copy of Government of India’s Resolution No. 5(2)-B(PD)/2019 dated 15th January, 2020 issued by the Ministry of Finance (Department of Economic Affairs) prescribing interest at the rate of 7.9% (Seven point nine percent) w.e-f. 1st January, 2020 to 31st March, 2020 on accumulations at the credit of the subscribers to State Railway Provident Fund, is enclosed, for information and necessary action.

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

D.A.: as above

No. F(E)III/2003/PF1/1                                         New Delhi, Dated: 12.02.2020

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

For Financial Commissioner/Railways.

Interest Rate for State Railway Provident Fund during 2019-20 (RBE No. 21/2020)

Source: RAILWAY BOARD


http://www.indianrailways.gov.in/railwayboard/uploads/directorate/finance/FEIII/2020/New%20Doc%202020-02-13%2009_38_38_1.pdf

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