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Amendments in Public Provident Fund Scheme, 2019 - As per SB Order 22/2023

 

Amendments in Public Provident Fund Scheme, 2019

Sl. No.

Rule No.

Existing Provision

Amended Provision

1.

Rule 13 in the second provisio

Provided further that on such premature closure, interest in the account shall be allowed at a rate which shall be lower by one percent. than the rate at which interest has been credited in the account from time to time since the date of opening of the account, or the date of extension of the account, as the case may be.

Provided further that on such premature closure, interest in the account shall be allowed at a rate which shall be lower by one per cent than the rate at which interest has been credited in the account from time to time since the date of opening of the account, or from the date of commencement of the current block period of five years, as the case may be.


Click Here to view   SB Order 22/2023

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