PPF interest rate revised; updated rate applies to subscriptions made on or after the notified effective date. Subscriptions to the Public Provident Fund and subscriber balances on or after 1 April 2013 shall accrue interest at the notified rate of 8.7 per cent per annum, as fixed by the Central Government under its statutory authority.
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Provisions expressly mentioned in the judgment/order text.
PPF interest rate revised; updated rate applies to subscriptions made on or after the notified effective date.
Subscriptions to the Public Provident Fund and subscriber balances on or after 1 April 2013 shall accrue interest at the notified rate of 8.7 per cent per annum, as fixed by the Central Government under its statutory authority.
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