HomeNotificationInterest Rate for Special Deposit Scheme Revised: 7.1% Announced for 1 April...

Interest Rate for Special Deposit Scheme Revised: 7.1% Announced for 1 April to 30 June 2025

Published on

🚀 Stay Connected With JurisHour

WhatsApp X Telegram

The Ministry of Finance (Department of Economic Affairs), the interest rate for deposits made under the Special Deposit Scheme for Non-Government Provident, Superannuation, and Gratuity Funds has been revised. 

The revised interest rate of 7.1% per annum will come into effect from 1st April 2025, and will remain valid until 30th June 2025.

The change, as per the Ministry’s notification No. F. 16(1)-PD/75 dated 30th June 1975, marks an important update for various non-government provident, superannuation, and gratuity funds that participate in the scheme.

Under the Special Deposit Scheme, these funds are offered an avenue to park their excess funds with the government, ensuring a safe and secure return on investments. The scheme, which has been a long-standing feature for non-government funds, has seen periodic adjustments to its interest rate, depending on the prevailing economic conditions.

The interest rate of 7.1% for the period from April to June 2025 reflects the government’s continued commitment to providing competitive returns for institutional investors, even amid fluctuating market conditions. This update will be welcomed by entities managing employee welfare funds, as it ensures better returns for their stakeholders.

Notification Details

Date: 01/04/2025

Read More: Alleged Illegal Cash Transaction By Company: Delhi High Court Quashes FIR Against CA Working As Financial Consultant

Mariya Paliwala
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

Latest articles

JURISHOUR | TAX LAW DAILY BULLETIN : APRIL 14, 2026

Here’s the Tax Law Daily Bulletin for April 14, 2026.GSTGST RETURNS STRENGTHENED WITH TECH-DRIVEN...

EXCISE DUTY | 10% Penalty Valid U/s 25 Despite Interpretational Dispute And Not Fraud: CESTAT

The Customs, Excise and Service Tax Appellate Tribunal, Hyderabad Bench, has upheld the imposition...

CENVAT Credit Allowed on Business-Related Services Pre-2011; Construction Services Hit by Post-Amendment Exclusion: CESTAT

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Hyderabad Bench, has held that...

Merger & Acquisition Advisory Not Taxable as Management Consultancy; No Service Tax on Shareholders for Share Sale Transactions: CESTAT

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Hyderabad Bench, has held that...

More like this

JURISHOUR | TAX LAW DAILY BULLETIN : APRIL 14, 2026

Here’s the Tax Law Daily Bulletin for April 14, 2026.GSTGST RETURNS STRENGTHENED WITH TECH-DRIVEN...

EXCISE DUTY | 10% Penalty Valid U/s 25 Despite Interpretational Dispute And Not Fraud: CESTAT

The Customs, Excise and Service Tax Appellate Tribunal, Hyderabad Bench, has upheld the imposition...

CENVAT Credit Allowed on Business-Related Services Pre-2011; Construction Services Hit by Post-Amendment Exclusion: CESTAT

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Hyderabad Bench, has held that...