**Policy Summary:**
This notification, issued by the Ministry of Finance, Department of Economic Affairs, announces the interest rate for deposits made under the Special Deposit Scheme for Non-Government Provident, Superannuation, and Gratuity Funds. Effective from January 1, 2019, to March 31, 2019, these deposits will bear interest at a rate of 8.0% (Eight percent). This rate is in reference to Notification No.F.161PD75 dated June 30, 1975. The notification is effective January 1, 2019, and is issued under F. No. 51BPD2018 by Jt. Secy. Arvind Shrivastava.
Key Entities Referenced
Ministry of Finance: The government ministry responsible for financial matters.
Department of Economic Affairs: A department within the Ministry of Finance.
New Delhi: The location where the notification was issued. New Delhi, Delhi
Special Deposit Scheme for Non-Government Provident, Superannuation and Gratuity Funds: A deposit scheme for specific types of non-government funds.
F. No. 51BPD2018: Notification number related to the deposit scheme.
F.161PD75: Previous notification number related to the deposit scheme.
30th June, 1975: Date of previous notification regarding the deposit scheme.
ARVIND SHRIVASTAVA: Joint Secretary who signed the notification.
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PART I—Section 1
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MINISTRY OF FINANCE
(Department of Economic Affairs)
NOTIFICATION
New Delhi, the 3rd January, 2019
F. No. 5(1)-B(PD)/2018.—It is hereby notified that the deposits made under the Special Deposit Scheme for
Non-Government Provident, Superannuation and Gratuity Funds, announced in the Ministry of Finance (Department of
Economic Affairs) Notification No.F.16(1)-PD/75 dated 30th June, 1975, shall with effect from 1st January, 2019 to
31st March, 2019, bear interest at 8.0% (Eight percent). This rate will be in force w.e.f. 1st January, 2019.
ARVIND SHRIVASTAVA, Jt. Secy.
55 GI/2019
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.