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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.
PTI | By HT Correspondent, New Delhi
UPDATED ON APR 25, 2010 09:16 PM IST

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.

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

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