MoF issued a notification revising the interest rate applicable to deposits under the Special Deposit Scheme

Jan 10, 2026 | by TeamLease RegTech Legal Research Team

A |  A

Free Legal updates for the week 00


Labour ComplianceThe Ministry of Finance (MoF), on January 09, 2026, issued a notification revising the interest rate applicable to deposits under the Special Deposit Scheme for Non-Government Provident, Superannuation and Gratuity Funds.

The notification specifies that deposits made under the said scheme shall bear interest at the rate of 7.1% (seven point one percent) for the period from 1 January 2026 to 31 March 2026. The scheme was originally announced vide Notification No. F.16(1)-PD/75 dated 30 June 1975.

The revised interest rate shall take effect from 1 January 2026 and will remain applicable for the notified quarter in accordance with the provisions of the scheme.

[Notification No. F. No. 5(3)-B(PD)/2023]


Bookmark

Related Updates



Alternate Text

Get updates on the go on RegUpdate Mobile App.

NEW  ·  AI ASSISTANT