FINMIN panel to revise PF rates soon

The finance ministry will constitute a committee within a month to suggest ways to link interest on small savings instruments, like public provident fund schemes, with market rates, as suggested by the 13th Finance Commission.

The finance ministry will constitute a committee within a month to suggest ways to link interest on small savings instruments, like public provident fund schemes, with market rates, as suggested by the 13th Finance Commission.

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“Within a month, the Finance Ministry will set up a committee in this regard,” an official source said here.