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State of Rajasthan - Section

Section 74 in Rajasthan Non-Government Educational Institutions (Recognition, Grant-In-Aid and Service Conditions Etc.) Rules, 1993

74. Interest

.- The State Government shall, at the end of the each financial year, pay interest on the minimum balance in the Personal Deposit Account between sixth to the end of an individual month in the P.F. Account of the institution opened and maintained in the Treasury/Sub-treasury concerned at such rate as the State Government may from time to time prescribed for the payment of interest, on subscriptions to the General Provident Fund. Interest shall be credited with effect from the 31st March of each year.