Interest rates on General Provident Fund (AndhraPradesh)

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Provident Fund-Interest rates on General Provident Fund (AndhraPradesh)
for the subscribers of GPF and other similar funds as 7.6%(Seven point six
percent) per annum with effect from 01.01.2018 to31.3.2018 for the year
2017-18 – Orders - Issued.

FINANCE (HR-5-Pension, GPF) Department
Read the following:
1. G.O.Rt.No.2087,Finance(HR.5)Departmentdt.31.10.2017
2.GOI, Resolution No.F.No.5(1)-B(PD)/2017, Ministry of Finance,
Department of Economic Affairs (Budget Division), Dated 1.01.2018.
According to Rule 13(1) of General Provident Fund (AndhraPradesh)
Rules 1935, Government shall pay to the credit of the account of a
subscriber interest at such rate as may be determined for each year
according to the method of calculation prescribed from India for payment of
interest on subscription to the General provident Fund inrespect of Central
2. In the G.O.1stread above, the State Government have adopted the
interest rate of 7.9% per annum with effect from 1.4.2017 to 30.6.2017, as
ordered by the Government of India.
3. In the reference 2nd read above, the Government of India through
resolution No. F.No.5 (1)-B(PD)/2017, dated. 1.01.2018 announced the
interest for the subscribers of General Provident Fund (Central Services) at
7.6 % per annum for the period from 01.01.2018 to 31.03.2018 during the
year 2017-18.
4. Government after careful examination of the matter, hereby order to
Adopt & revision the rate of interest as 7.6 % per annum for the period from
01.01.2018 to 31.03.2018 during the year 2017-18 on the following
Provident Funds and other similar funds maintained by the Government of
Andhra Pradesh on par with rates of Government of India.
1. The General Provident Fund (Andhra Pradesh) Rules1935
2. The Electricity Department Provident Fund Rules.
3. Emergency Cut and Compulsory Saving Rules,1949.
4. Government Distilleries Employees Provident Fund
5. Andhra Pradesh Government Life Insurance Fund.
6. Andhra Pradesh Employees Welfare Fund Rules.
5. The G.O. is available on Internet and can be accessed atthe address
All the Heads of Departments
All the Departments in the Secretariat.
The Principal Accountant General (G&SSA), AP, Hyderabad.
The Principal Accountant General (A&E), AP, Hyderabad.
The Principal Accountant General (E&RSA) A.P.Hyderabad.
The Director of Treasuries &Accounts, AP,Ibrahimpatnam.
The Pay and Accounts Officer, A.P. Ibrahimpatnam.
The Director of State Audit,A.P., Ibrahimpatnam.
The Director of Works Accounts, AP, Ibrahimpatnam.
The Director of Insurance, AP, Ibrahimpatnam.
The Registrar, The judicature of High Court of AP&TS, Hyderabad.
The Secretary, APPSC.,Hyderabad.
All the District Collectors.
All the District Judges.
All the Chief Executive Officers of ZillaPrajaParishads.
All the District Treasury Officers.
All the Commissioners and Spl. Officers of Municipalities.
All the District Educational Officers.
All the Secretaries of ZillaParishads through the District Collectors
All the District Panchayat Officers.
The Presiding Officer, Labour Court, Hydrabad.
The International Telugu Institute,Tarnaka,Hyderabad.
The Chairman, A.P.HousingBoard,Hyderabad.
The Chairman, Tribunal for Disciplinary proceedings, Hyderabad.
The Managing Director, A.P. GENCO/ TRANSCO, VidyutSoudha,Vijayawada.
The Commissioners of Municipal Corporation, Vijayawada, Greater
Visakhapatnam, Kurnool, Rajahmundry, Guntur, Nellore, Kakinada, Eluru, and Kadapa.
The Secretary, Tungabhadra Board, Hospet, Karnataka State.
The Resident Commissioner, AP Bhavan, No.1, Ashok Road, New Delhi.
All Registrars of Universities in Andhra Pradesh,
The Spl. Officer Institute of Administration, Hyderabad.
The Spl. Commissioner, A.P.Bhavan, Ashoka road, New Delhi.
The Pay and Accounts Officer, Thungabhadra Project, High level canal,
Stage-I, Anantapur District.
The Director General, Dr. M.C.R. H.R.D Institute of A.P., Bapatla, Guntur, District.
The F.A. & C.A.O., N.S. Project, Secretariat Buildings, Hyderabad.
The Director of Accounts, G.B.Project, Dowlaiswaram, E.G.District
The Director of Accounts, Srisailam Project, Kurnool.
The Asst. Pay and Accounts, VamsadharaProject,Srikakulam District
The Director of Accounts Telugu Ganga Project, Cuddapah District
The Pay and Accounts Officer, Government of India, New Delhi.
The Member Secretary cum Treasurer AP Employees Welfare fund
SLC AP Secretariat Amaravati@velagapudi

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