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Monday, June 13, 2016

GPF Interest rate slashed to 8.1% for the first Qr of 2016-17

GPF Interest rate slashed to 8.1% for the first Qr of 2016-17

In line with the recent interest rate cut in different small savings scheme, Central Govt. slashed GPF interest rate to 8.1% for the first quarter of 2016-17.
It may be mentioned that from this year onward interest rate will be reviewed on quarterly basis.

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Karnataka High Court Rules Employers Must Be Heard Before Minimum Wage Revision Notification

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