LatestCorporate Compliance 7 October 2026
GPF Interest Rate Set at 7.1% for Q3 2026‑27, New Minimum Wages Effective Oct 1
The Government of India has set the General Provident Fund (GPF) interest rate for the third quarter of fiscal year 2026‑27 at 7.1%, applicable from October 1 to December 31, 2026. Simultaneously, the Minimum Wages for Sweeping and Cleaning Workers are revised under the VDA Order, also effective October 1, 2026, aligning wages with the latest CPI‑IW data.
GPF Interest Rate Update
- The General Provident Fund rate for Q3 FY 2026‑27 is fixed at 7.1%.
- Effective period: 01 Oct 2026 – 31 Dec 2026.
Minimum Wage Revision
- New minimum wages for Sweeping and Cleaning Workers announced under the VDA Order.
- Also effective 01 Oct 2026, reflecting the latest CPI‑IW figures.
For full details, see the original article.
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