WhatsApp Logo Subscribe
For News Alert

News

Federal Government lowers interest rate on general provident fund for government employees

By News Desk

August 30, 2024 07:18 PM


Twitter Share Facebook Share WhatsApp Share

The federal government has announced a reduction in the interest rate on the General Provident (GP) Fund for government employees, reported 24NewsHD TV channel on Friday.

The interest rate for the financial year 2023-24 has been set at 13.97%, down from 14.22% in the previous financial year 2022-23.

The Ministry of Finance has officially issued the notification regarding the revised interest rate on the GP Fund.


News Desk


Most Read

  1. Dr Zakir Naik explains concept of 'free will' and 'predestination' to Yashma Gill Dr Zakir Naik explains concept of 'free will' and 'predestination' to Yashma Gill
  2. Two Chinese nationals among three killed in Karachi 'suicide bombing' Two Chinese nationals among three killed in Karachi 'suicide bombing'
  3. Strong winds, rain lash most parts of Punjab, KP Strong winds, rain lash most parts of Punjab, KP
  4. Routine traffic on Lahore, Rawalpindi roads as almost all blocked routes reopened Routine traffic on Lahore, Rawalpindi roads as almost all blocked routes reopened
  5. Abdullah, Shan hit tons in England Test Abdullah, Shan hit tons in England Test
  6. One dead, eight injured in explosion near Karachi airport One dead, eight injured in explosion near Karachi airport