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Gulshan Pahwa
06-05-2012, 02:13 PM
Sir,

I am working in Delhi University College, which is an autonomous body. The GPF interest rate is given by the College is interest earned by investing our money to various safe instruments like bank FD etc. Can it be less than 8%? My question is whether the rate of interest which has been fixed by C G is applicable for D.U. Colleges, or they are free to declare interest as per their earnings, which may be more or less declared by C G.

Please reply.

Gopal Krishan
23-05-2012, 07:31 PM
Reply to your question is already there in your question. When you say that the employer is an autonomous body that means they are not governed by the Central Government rules etc. They have their own rules etc.