<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>General Provident Fund Archives - CENTRAL GOVERNMENT EMPLOYEES NEWS</title>
	<atom:link href="https://centralgovernmentnews.com/tag/general-provident-fund/feed/" rel="self" type="application/rss+xml" />
	<link>https://centralgovernmentnews.com/tag/general-provident-fund/</link>
	<description>All about Central Government Employees News. Get the central govt employees latest news, DoPT Orders, 7th Pay Commission, DA Hike, latest notification for pensioners, MACP latest order, da for central government employees, and more.</description>
	<lastBuildDate>Thu, 07 Nov 2024 14:53:50 +0000</lastBuildDate>
	<language>en-US</language>
	<sy:updatePeriod>
	hourly	</sy:updatePeriod>
	<sy:updateFrequency>
	1	</sy:updateFrequency>
	<generator>https://wordpress.org/?v=6.9.3</generator>

<image>
	<url>https://centralgovernmentnews.com/wp-content/uploads/2019/02/cropped-central-government-employees-news-32x32.png</url>
	<title>General Provident Fund Archives - CENTRAL GOVERNMENT EMPLOYEES NEWS</title>
	<link>https://centralgovernmentnews.com/tag/general-provident-fund/</link>
	<width>32</width>
	<height>32</height>
</image> 
	<item>
		<title>Clarification regarding timely payment of GPF final payment to the retiring Government servant</title>
		<link>https://centralgovernmentnews.com/clarification-regarding-timely-payment-of-gpf-final-payment-to-the-retiring-government-servant/</link>
					<comments>https://centralgovernmentnews.com/clarification-regarding-timely-payment-of-gpf-final-payment-to-the-retiring-government-servant/#respond</comments>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Thu, 07 Nov 2024 14:53:49 +0000</pubDate>
				<category><![CDATA[Pension]]></category>
		<category><![CDATA[DoPPW]]></category>
		<category><![CDATA[General Provident Fund]]></category>
		<category><![CDATA[GPF]]></category>
		<category><![CDATA[Retired Pensioners]]></category>
		<category><![CDATA[retiring Government servant]]></category>
		<guid isPermaLink="false">https://centralgovernmentnews.com/?p=41999</guid>

					<description><![CDATA[<p>GPF final payment फा.न.&#160; 3/7/2024-P&#38;PW(F) (10139)Government of IndiaMinistry of Personnel, PG &#38; PensionsDepartment of Pension &#38; Pensioners’ Welfare 3rd Floor, Lok Nayak BhawanKhan Market, New Delhi -110 003Dated: 25.10.2024 OFFICE MEMORANDUM Subject: Clarification regarding timely payment of GPF final payment to the retiring Government servant &#8211; regarding Recently few references regarding interest on delayed payment [&#8230;]</p>
<p>The post <a href="https://centralgovernmentnews.com/clarification-regarding-timely-payment-of-gpf-final-payment-to-the-retiring-government-servant/">Clarification regarding timely payment of GPF final payment to the retiring Government servant</a> appeared first on <a href="https://centralgovernmentnews.com">CENTRAL GOVERNMENT EMPLOYEES NEWS</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p class="has-text-align-center"><strong>GPF final payment</strong></p>



<p class="has-text-align-center">फा.न.&nbsp; 3/7/2024-P&amp;PW(F) (10139)<br />Government of India<br />Ministry of Personnel, PG &amp; Pensions<br />Department of Pension &amp; Pensioners’ Welfare</p>



<p class="has-text-align-right">3rd Floor, Lok Nayak Bhawan<br />Khan Market, New Delhi -110 003<br />Dated: 25.10.2024</p>



<p class="has-text-align-center"><strong>OFFICE MEMORANDUM</strong></p>



<h3 class="wp-block-heading"><strong>Subject: Clarification regarding timely payment of GPF final payment to the retiring Government servant &#8211; regarding</strong></h3>



<p>Recently few references regarding interest on delayed payment of GPF to the retired Government have been received for clarification whether interest is payable on GPF after retirement.</p>



<p>2. In this connection, it may be stated that detailed clarifications regarding timely payment of GPF final payment to the retiring Government servant were furnished to all Ministries/Departments vide this Departments’ Office Memorandum No.3/3/2016-P&amp;PW(I) dated 16th January, 2017&nbsp;<strong>(copy enclosed)</strong>.</p>



<p>3. The per Rule 34 of General Provident Fund (Central Service) Rules, 1960 clearly provides that when the amount standing at the credit of a subscriber in the General Provident Fund becomes payable, it shall be the duty of the Accounts Officer to make payment.</p>



<p>4. It is also added the amount deposited in General Provident Fund Account is solely the asset of the individual Government servant. Any disciplinary case pending or penalty imposed against him&nbsp;<strong>does not have any impact</strong>&nbsp;on the disbursement of the GPF amount. As per Rule 11(4) of GPF Rules, in case the GPF balance is not paid on retirement, interest on the GPF balance is required to be paid for the period beyond the date of retirement also.</p>



<p>5. This issues with the approval of competent authority.</p>



<p>Encl- As above.</p>



<p class="has-text-align-right">(Dilip Kumar Sahu)<br />Under Secretary to the Govt. of India</p>


<div class="wp-block-image">
<figure class="aligncenter size-full"><a href="https://centralgovernmentnews.com/wp-content/uploads/2024/11/timely-payment-of-GPF-final-payment-to-the-retiring-Government-servant.jpg"><img fetchpriority="high" decoding="async" width="521" height="523" src="https://centralgovernmentnews.com/wp-content/uploads/2024/11/timely-payment-of-GPF-final-payment-to-the-retiring-Government-servant.jpg" alt="Timely payment of GPF final payment to the retiring Government servant" class="wp-image-42000" srcset="https://centralgovernmentnews.com/wp-content/uploads/2024/11/timely-payment-of-GPF-final-payment-to-the-retiring-Government-servant.jpg 521w, https://centralgovernmentnews.com/wp-content/uploads/2024/11/timely-payment-of-GPF-final-payment-to-the-retiring-Government-servant-300x300.jpg 300w, https://centralgovernmentnews.com/wp-content/uploads/2024/11/timely-payment-of-GPF-final-payment-to-the-retiring-Government-servant-150x150.jpg 150w, https://centralgovernmentnews.com/wp-content/uploads/2024/11/timely-payment-of-GPF-final-payment-to-the-retiring-Government-servant-100x100.jpg 100w" sizes="(max-width: 521px) 100vw, 521px" /></a></figure>
</div><p>The post <a href="https://centralgovernmentnews.com/clarification-regarding-timely-payment-of-gpf-final-payment-to-the-retiring-government-servant/">Clarification regarding timely payment of GPF final payment to the retiring Government servant</a> appeared first on <a href="https://centralgovernmentnews.com">CENTRAL GOVERNMENT EMPLOYEES NEWS</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://centralgovernmentnews.com/clarification-regarding-timely-payment-of-gpf-final-payment-to-the-retiring-government-servant/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>Ceiling of Five Lakh on subscription to General Provident Fund (Central Services) in a financial year</title>
		<link>https://centralgovernmentnews.com/ceiling-of-five-lakh-on-subscription-to-general-provident-fund-central-services-in-a-financial-year/</link>
					<comments>https://centralgovernmentnews.com/ceiling-of-five-lakh-on-subscription-to-general-provident-fund-central-services-in-a-financial-year/#respond</comments>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Thu, 03 Nov 2022 17:57:48 +0000</pubDate>
				<category><![CDATA[Employees News]]></category>
		<category><![CDATA[DoPPW]]></category>
		<category><![CDATA[General Provident Fund]]></category>
		<category><![CDATA[GPF]]></category>
		<category><![CDATA[GPF subscription limit]]></category>
		<guid isPermaLink="false">https://centralgovernmentnews.com/?p=39750</guid>

					<description><![CDATA[<p>GPF Ceiling Limit The amount of subscription to the GPF in respect of a subscriber, shall not be less than 6% of the emoluments and not more than total emoluments of the subscriber. F. No. 3/13/2022 -P&#38;PW(F) (8353)Government of IndiaMinistry of Personnel, PG &#38; PensionsDepartment of Pension &#38; Pensioners’ Welfare 374 Floor, Lok Nayak BhawanKhan [&#8230;]</p>
<p>The post <a href="https://centralgovernmentnews.com/ceiling-of-five-lakh-on-subscription-to-general-provident-fund-central-services-in-a-financial-year/">Ceiling of Five Lakh on subscription to General Provident Fund (Central Services) in a financial year</a> appeared first on <a href="https://centralgovernmentnews.com">CENTRAL GOVERNMENT EMPLOYEES NEWS</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p><strong>GPF Ceiling Limit</strong> <em>The amount of subscription to the GPF in respect of a subscriber, shall not be less than 6% of the emoluments and not more than total emoluments of the subscriber</em>.</p>


<div class="wp-block-image">
<figure class="aligncenter size-full"><a href="https://centralgovernmentnews.com/wp-content/uploads/2022/11/Ceiling-of-Five-Lakh-on-subscription-to-General-Provident-Fund-Central-Services-in-a-financial-year.jpg"><img decoding="async" width="656" height="530" src="https://centralgovernmentnews.com/wp-content/uploads/2022/11/Ceiling-of-Five-Lakh-on-subscription-to-General-Provident-Fund-Central-Services-in-a-financial-year.jpg" alt="Ceiling of Five Lakh on subscription to General Provident Fund Central Services in a financial year" class="wp-image-39751" srcset="https://centralgovernmentnews.com/wp-content/uploads/2022/11/Ceiling-of-Five-Lakh-on-subscription-to-General-Provident-Fund-Central-Services-in-a-financial-year.jpg 656w, https://centralgovernmentnews.com/wp-content/uploads/2022/11/Ceiling-of-Five-Lakh-on-subscription-to-General-Provident-Fund-Central-Services-in-a-financial-year-300x242.jpg 300w" sizes="(max-width: 656px) 100vw, 656px" /></a><figcaption class="wp-element-caption">GPF Ceiling Limit</figcaption></figure>
</div>


<p class="has-text-align-center">F. No. 3/13/2022 -P&amp;PW(F) (8353)<br />Government of India<br />Ministry of Personnel, PG &amp; Pensions<br />Department of Pension &amp; Pensioners’ Welfare</p>



<p class="has-text-align-right">374 Floor, Lok Nayak Bhawan<br />Khan Market, New Delhi -110 003<br />dated: 02.11.2022</p>



<p class="has-text-align-center">Office Memorandum</p>



<p>Subject:- <strong>Ceiling of Rs. 5 Lakh on subscription to General Provident Fund (Central Services) in a financial year &#8211; instructions regarding.</strong></p>



<p>The undersigned is directed to say that in accordance with the General Provident Fund (Central Services), Rules, 1960, the amount of subscription to the GPF in respect of a subscriber, shall not be less than 6% of the emoluments and not more than total emoluments of the subscriber. Rules 7, 8 &amp; 10 of the General Provident Fund (Central Services) Rules, 1960 were amended vide Notification No. G.S.R. 96 dated 15.06.2022. As per the said Notification dated 15.06.2022, the sum of the monthly subscription by a subscriber under the GPF during a financial year together with the amount of arrear subscriptions deposited in that financial year shall not exceed the threshold limit (at present Rupees Five Lakh) referred to in sub clause (i) of clause (c) of the Explanation below sub rule (2) of the rule 9D of the Income Tax Rules, 1962 [as inserted vide Notification No. G.S.R. 604 (E) dated 31.08.2021 of Ministry of Finance, Department of Revenue (Central Board of Direct Taxes)].</p>



<p>2. Further, instructions have been issued vide this Department’s OM No 3/6/2021-P&amp;PW (F) dated 11.10.2022 for strict implementation of the above amended provisions of the General Provident Fund (Central Services), Rules, 1960.</p>



<p>3. References have been received in this Department seeking advice as to how the GPF subscription is to be regulated in the case of those Government servants in which cases the total subscription of GPF in the current financial year (i.e 2022-23) has already exceeded the limit of Rupees Five Lakh or is likely to exceed this limit even with the minimum subscription of 6% of emoluments prescribed under General Provident Fund (Central Services), Rules, 1960.</p>



<p>4. The amendment Notification limiting the maximum annual GPF subscription was issued on 15.06.2022. A situation of annual total subscription exceeding the limit of Rupees Five Lakh in the current financial year would not have arisen if appropriate steps were taken immediately after the issue of the above amendment notification. However, keeping in view the difficulties being faced by the Ministries/ Departments, the matter has been examined and the following further instructions are issued in this regard:</p>



<ul class="wp-block-list">
<li>(a) In the case of those Government servants, whose GPF subscription during the current financial year (i.e. 2022-23) has already exceeded the threshold limit of Rs. 5 lakhs,<mark style="background-color:#feebb6" class="has-inline-color"> no further deduction of GPF subscription may be made from their salary in the current financial year</mark>. In those cases, <strong>the provision regarding minimum monthly subscription of 6% of the emoluments shall be deemed to have been relaxed.</strong></li>



<li>(b) In the case of those Government servants, whose GPF subscription during the current financial year (i.e. 2022-23) has not yet reached/exceeded the threshold limit of Rs. 5 lakh, further deductions towards GPF subscriptions during the current financial year may be phased out in such a manner that the total subscription during the current financial year does not exceed Rs. 5 lakh. In cases where the total contribution is likely to exceed Rs. 5 lakh even with minimum monthly subscription of 6% of the emoluments, deduction of GPF subscription from the salary may be stopped as soon as the total contribution in the current financial year reaches Rs. 5 lakh. <strong>In such cases also, the provision regarding minimum monthly subscription of 6% of the emoluments shall be deemed to have been relaxed.</strong></li>
</ul>



<p>5. All Ministries/Departments are requested to bring the above instructions to the notice of the all concerned for strict compliance.</p>



<p class="has-text-align-right">(Vishal Kumar)<br />Under Secretary to the Govt of India</p>



<p class="has-text-align-right">All Ministries /Departments/ Organisations<br />(as per standard list)</p>



<p><strong><a href="https://documents.doptcirculars.nic.in/D3/D03ppw/OM%20No%203%2013%202022%20dated%2002%2011%202022%20Instruction%20GPF%20Ceiling%20of%205%20LakhZriyX.pdf" target="_blank" rel="noreferrer noopener">Download Ceiling of Rs. 5 Lakh on subscription to General Provident Fund (Central Services) in a financial year PDF</a></strong></p>
<p>The post <a href="https://centralgovernmentnews.com/ceiling-of-five-lakh-on-subscription-to-general-provident-fund-central-services-in-a-financial-year/">Ceiling of Five Lakh on subscription to General Provident Fund (Central Services) in a financial year</a> appeared first on <a href="https://centralgovernmentnews.com">CENTRAL GOVERNMENT EMPLOYEES NEWS</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://centralgovernmentnews.com/ceiling-of-five-lakh-on-subscription-to-general-provident-fund-central-services-in-a-financial-year/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>GPF &#8211; Ceiling of Five Lakh on subscription to General Provident Fund in a financial year</title>
		<link>https://centralgovernmentnews.com/gpf-ceiling-of-five-lakh-on-subscription-to-general-provident-fund-in-a-financial-year/</link>
					<comments>https://centralgovernmentnews.com/gpf-ceiling-of-five-lakh-on-subscription-to-general-provident-fund-in-a-financial-year/#comments</comments>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Mon, 17 Oct 2022 12:47:04 +0000</pubDate>
				<category><![CDATA[Employees News]]></category>
		<category><![CDATA[General Provident Fund]]></category>
		<category><![CDATA[GPF]]></category>
		<category><![CDATA[GPF annual contribution]]></category>
		<category><![CDATA[GPF deposit limit]]></category>
		<category><![CDATA[GPF subscription limit]]></category>
		<guid isPermaLink="false">https://centralgovernmentnews.com/?p=39603</guid>

					<description><![CDATA[<p>GPF deposit limit: A ceiling of Rs 5 lakh as an annual contribution to the General Provident Fund (GPF) in a financial year has been fixed for government employees. F.No. 3/6/2021-P&#38;PW (F)Government of IndiaMinistry of Personnel, PG &#38; PensionsDepartment of Pension &#38; Pensioners&#8217;’ Welfare 34 Floor, Lok Nayak BhawanKhan Market, New Delhi- 110 003dated: 11.10.2022 [&#8230;]</p>
<p>The post <a href="https://centralgovernmentnews.com/gpf-ceiling-of-five-lakh-on-subscription-to-general-provident-fund-in-a-financial-year/">GPF &#8211; Ceiling of Five Lakh on subscription to General Provident Fund in a financial year</a> appeared first on <a href="https://centralgovernmentnews.com">CENTRAL GOVERNMENT EMPLOYEES NEWS</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p><em>GPF deposit limit: A ceiling of Rs 5 lakh as an annual contribution to the General Provident Fund (GPF) in a financial year has been fixed for government employees.</em></p>


<div class="wp-block-image">
<figure class="aligncenter size-full"><a href="https://centralgovernmentnews.com/wp-content/uploads/2022/10/GPF-Ceiling-of-Five-Lakh-on-subscription-to-General-Provident-Fund-in-a-financial-year.jpg"><img decoding="async" width="532" height="362" src="https://centralgovernmentnews.com/wp-content/uploads/2022/10/GPF-Ceiling-of-Five-Lakh-on-subscription-to-General-Provident-Fund-in-a-financial-year.jpg" alt="GPF - Ceiling of Five Lakh on subscription to General Provident Fund in a financial year" class="wp-image-39605" srcset="https://centralgovernmentnews.com/wp-content/uploads/2022/10/GPF-Ceiling-of-Five-Lakh-on-subscription-to-General-Provident-Fund-in-a-financial-year.jpg 532w, https://centralgovernmentnews.com/wp-content/uploads/2022/10/GPF-Ceiling-of-Five-Lakh-on-subscription-to-General-Provident-Fund-in-a-financial-year-300x204.jpg 300w" sizes="(max-width: 532px) 100vw, 532px" /></a></figure>
</div>


<p class="has-text-align-center">F.No. 3/6/2021-P&amp;PW (F)<br />Government of India<br />Ministry of Personnel, PG &amp; Pensions<br />Department of Pension &amp; Pensioners&#8217;’ Welfare</p>



<p class="has-text-align-right">34 Floor, Lok Nayak Bhawan<br />Khan Market, New Delhi- 110 003<br />dated: 11.10.2022</p>



<p class="has-text-align-center">Office Memorandum</p>



<p><strong>Subject:- Ceiling of Rs. 5 Lakh on subscription to General Provident Fund (GPF) in a financial year- regarding.</strong></p>



<p>In accordance with General Provident Fund (Central Service) Rules, 1960, the amount of subscription to the GPF in respect of a subscriber, shall not be less than 6% of the emoluments and not more than total emoluments of the subscriber. However, there was no ceiling on the total amount of subscription of a subscriber into his GPF account in a financial year.</p>



<p>2. Rules 7, 8 &amp; 10 of the General Provident Fund (Central Service) Rules, 1960 have been amended vide Notification No. G.S.R. 96 dated 15.06.2022. As per the said Notification dated 15.06.2022, the sum of the monthly subscription by a subscriber under the GPF during a financial years together with the amount of arrear subscriptions deposited in that financial year shall not exceed the threshold limit (at present Rupees Five Lakh) referred to in sub clause (i) of clause (c) of the Explanation below sub rule (2) of the rule 9D of the Income Tax Rules, 1962 [as inserted vide Notification No. G.S.R. 604 (E) dated 31.08.2021 of Ministry of Finance, Department of Revenue (Central Board of Direct Taxes)].</p>



<p>3. All Ministries/Departments are requested that the above amended provisions of the GPF Rules, 1960 regarding limit of subscription under GPF in a financial year by a subscriber may be given wide publicity to all Government servants and, more particularly, to the personnel dealing with the GPF matters in the Ministry/Department and attached/subordinate offices there-under, for strict implementation.</p>



<p class="has-text-align-right">sd/-<br />(Vishal Kumar)<br />Under Secretary to the Govt of India</p>



<p><strong><a href="https://centralgovernmentnews.com/wp-content/uploads/2022/10/Ceiling-of-Five-Lakh-on-Subscription-to-General-Provident-Fund-PDF.pdf" target="_blank" rel="noreferrer noopener">Download Ceiling of Rs. 5 Lakh on subscription to General Provident Fund (GPF) in a financial year PDF</a></strong></p>
<p>The post <a href="https://centralgovernmentnews.com/gpf-ceiling-of-five-lakh-on-subscription-to-general-provident-fund-in-a-financial-year/">GPF &#8211; Ceiling of Five Lakh on subscription to General Provident Fund in a financial year</a> appeared first on <a href="https://centralgovernmentnews.com">CENTRAL GOVERNMENT EMPLOYEES NEWS</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://centralgovernmentnews.com/gpf-ceiling-of-five-lakh-on-subscription-to-general-provident-fund-in-a-financial-year/feed/</wfw:commentRss>
			<slash:comments>1</slash:comments>
		
		
			</item>
		<item>
		<title>General Provident Fund interest rate of 7.9% (Seven point nine percent) w.e.f. 1st October, 2019 to 31st December</title>
		<link>https://centralgovernmentnews.com/general-provident-fund-interest-rate-of-7-9-seven-point-nine-percent-w-e-f-1st-october-2019-to-31st-december/</link>
					<comments>https://centralgovernmentnews.com/general-provident-fund-interest-rate-of-7-9-seven-point-nine-percent-w-e-f-1st-october-2019-to-31st-december/#respond</comments>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Wed, 23 Oct 2019 15:22:55 +0000</pubDate>
				<category><![CDATA[Employees News]]></category>
		<category><![CDATA[General Provident Fund]]></category>
		<category><![CDATA[GPF]]></category>
		<category><![CDATA[GPF Interest Rate]]></category>
		<category><![CDATA[Interest of GPF]]></category>
		<guid isPermaLink="false">https://centralgovernmentnews.com/?p=25465</guid>

					<description><![CDATA[<p>General Provident Fund interest rate of 7.9% (Seven point nine percent) w.e.f. 1st October, 2019 to 31st December GPF Interest Rate 2019 (PUBLISHED IN PART I SECTION 1 OF GAZETTE OF INDIA) F.NO. 5(2)-B(PD)/ 2019 Government of India Ministry of Finance Department of Economic Affairs (Budget Division) New Delhi, the 21st October, 2019 RESOLUTION It [&#8230;]</p>
<p>The post <a href="https://centralgovernmentnews.com/general-provident-fund-interest-rate-of-7-9-seven-point-nine-percent-w-e-f-1st-october-2019-to-31st-december/">General Provident Fund interest rate of 7.9% (Seven point nine percent) w.e.f. 1st October, 2019 to 31st December</a> appeared first on <a href="https://centralgovernmentnews.com">CENTRAL GOVERNMENT EMPLOYEES NEWS</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p style="text-align:center"><strong>General Provident Fund interest rate of 7.9% (Seven point nine percent) w.e.f. 1st October, 2019 to 31st December</strong></p>



<p style="text-align:center"><strong>GPF Interest Rate 2019</strong></p>



<div class="wp-block-image"><figure class="aligncenter"><img loading="lazy" decoding="async" width="512" height="341" src="https://centralgovernmentnews.com/wp-content/uploads/2019/10/GPF-General-Provident-Fund-Interest-Rate-2019.jpg" alt="GPF General Provident Fund interest rate" class="wp-image-25466" srcset="https://centralgovernmentnews.com/wp-content/uploads/2019/10/GPF-General-Provident-Fund-Interest-Rate-2019.jpg 512w, https://centralgovernmentnews.com/wp-content/uploads/2019/10/GPF-General-Provident-Fund-Interest-Rate-2019-300x200.jpg 300w" sizes="auto, (max-width: 512px) 100vw, 512px" /></figure></div>



<p style="text-align:center">(PUBLISHED IN PART I SECTION 1 OF GAZETTE OF INDIA)</p>



<p style="text-align:center">F.NO. 5(2)-B(PD)/ 2019<br /> Government of India<br /> Ministry of Finance<br /> Department of Economic Affairs<br /> (Budget Division)</p>



<p style="text-align:right">New Delhi, the 21st October, 2019</p>



<p style="text-align:center"><strong>RESOLUTION</strong></p>



<p>It is announced for general information that during the year 2019-2020, accumulations at the credit of subscribers to the <strong>General Provident Fund and other similar funds shall carry interest at the rate of 7.9% (Seven point nine percent) w.e.f. 1st October, 2019 to 31st December. This rate will be in force w.e.f.1st October, 2019.</strong> The funds concerned are:</p>



<p>Also check: <strong><a href="https://centralgovernmentnews.com/general-provident-fund-interest-at-the-rate-of-8-from-1st-april-2019-to-30th-june-2019-dea-resolution/" target="_blank" rel="noreferrer noopener" aria-label=" (opens in a new tab)">General Provident Fund interest at the rate of 8% from 1st April 2019 to 30th June 2019 &#8211; DEA Resolution</a></strong></p>



<ol class="wp-block-list"><li>The General Provident Fund (Central Services). </li><li>The Contributory Provident Fund (India). </li><li>The All India Services Provident Fund. </li><li>The State Railway Provident Fund. </li><li>The General Provident Fund (Defence Services). </li><li>The Indian Ordnance Department Provident Fund. </li><li>The Indian Ordnance Factories Workmen’s Provident Fund. </li><li>The Indian Naval Dockyard Workmen’s Provident Fund. </li><li>The Defence Services Officers Provident Fund. </li><li>The Armed Forces Personnel Provident Fund.</li></ol>



<p>Ordered that the Resolution be published in Gazette of India</p>
<p>The post <a href="https://centralgovernmentnews.com/general-provident-fund-interest-rate-of-7-9-seven-point-nine-percent-w-e-f-1st-october-2019-to-31st-december/">General Provident Fund interest rate of 7.9% (Seven point nine percent) w.e.f. 1st October, 2019 to 31st December</a> appeared first on <a href="https://centralgovernmentnews.com">CENTRAL GOVERNMENT EMPLOYEES NEWS</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://centralgovernmentnews.com/general-provident-fund-interest-rate-of-7-9-seven-point-nine-percent-w-e-f-1st-october-2019-to-31st-december/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>General Provident Fund and other similar funds shall carry   (Seven point nine percent) w.e.f. 1st July, 2019 to 30th September, 2019</title>
		<link>https://centralgovernmentnews.com/general-provident-fund-and-other-similar-funds-shall-carry-seven-point-nine-percent-w-e-f-1st-july-2019-to-30th-september-2019/</link>
					<comments>https://centralgovernmentnews.com/general-provident-fund-and-other-similar-funds-shall-carry-seven-point-nine-percent-w-e-f-1st-july-2019-to-30th-september-2019/#respond</comments>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Fri, 19 Jul 2019 09:45:35 +0000</pubDate>
				<category><![CDATA[Employees News]]></category>
		<category><![CDATA[General Provident Fund]]></category>
		<category><![CDATA[GPF]]></category>
		<category><![CDATA[GPF interest rate 2019]]></category>
		<category><![CDATA[GPF interest rate is 7.9% July 2019]]></category>
		<guid isPermaLink="false">https://centralgovernmentnews.com/?p=24768</guid>

					<description><![CDATA[<p>GPF interest rate is 7.9 % from July 2019 General Provident Fund and other similar funds shall carry (Seven point nine percent) w.e.f. 1st July, 2019 to 30th September, 2019 (PUBLISHED IN PART I SECTION 1 OF GAZETTE OF INDIA) F. NO. 5(2)-B(PD)/2019 Government of India Ministry of Finance Department of Economic Affairs (Budget Division) [&#8230;]</p>
<p>The post <a href="https://centralgovernmentnews.com/general-provident-fund-and-other-similar-funds-shall-carry-seven-point-nine-percent-w-e-f-1st-july-2019-to-30th-september-2019/">General Provident Fund and other similar funds shall carry   (Seven point nine percent) w.e.f. 1st July, 2019 to 30th September, 2019</a> appeared first on <a href="https://centralgovernmentnews.com">CENTRAL GOVERNMENT EMPLOYEES NEWS</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p style="text-align:center"><strong>GPF interest rate is 7.9 % from July 2019</strong></p>



<p><em>General Provident Fund and other similar funds shall carry   (Seven point nine percent) w.e.f. 1st July, 2019 to 30th September, 2019</em></p>



<p style="text-align:center">(PUBLISHED IN PART I SECTION 1 OF GAZETTE OF INDIA)<br />
F. NO. 5(2)-B(PD)/2019<br />
Government of India<br />
Ministry of Finance<br />
Department of Economic Affairs<br />
(Budget Division)</p>



<p style="text-align:right">New Delhi, the 12th July, 2019</p>



<p style="text-align:center"><strong>RESOLUTION</strong></p>



<p>It is announced for general information that during the year 2019-2020, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of<strong> 7.9% </strong>(Seven point nine percent) w.e.f. 1st July, 2019 to 30th September, 2019. This rate will be in force w.e.f. 1st July, 2019. The funds concerned are</p>



<ol class="wp-block-list"><li>The General Provident Fund (Central Services).</li><li>The Contributory Provident Fund (India).</li><li>The All India Services Provident Fund.</li><li>The State Railway Provident Fund.</li><li>The General Provident Fund (Defence Services).</li><li>The Indian Ordnance Department Provident Fund.</li><li>The Indian Ordnance Factories Workmen’s Provident Fund.</li><li>The Indian Naval Dockyard Workmen’s Provident Fund.</li><li>The Defence Services Officers Provident Fund.</li><li>The Armed Forces Personnel Provident Fund.</li></ol>



<p>2. Ordered that the Resolution be published in Gazette of India.</p>
<p>The post <a href="https://centralgovernmentnews.com/general-provident-fund-and-other-similar-funds-shall-carry-seven-point-nine-percent-w-e-f-1st-july-2019-to-30th-september-2019/">General Provident Fund and other similar funds shall carry   (Seven point nine percent) w.e.f. 1st July, 2019 to 30th September, 2019</a> appeared first on <a href="https://centralgovernmentnews.com">CENTRAL GOVERNMENT EMPLOYEES NEWS</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://centralgovernmentnews.com/general-provident-fund-and-other-similar-funds-shall-carry-seven-point-nine-percent-w-e-f-1st-july-2019-to-30th-september-2019/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>General Provident Fund interest at the rate of 8% from 1st April 2019 to 30th June 2019 &#8211; DEA Resolution</title>
		<link>https://centralgovernmentnews.com/general-provident-fund-interest-at-the-rate-of-8-from-1st-april-2019-to-30th-june-2019-dea-resolution/</link>
					<comments>https://centralgovernmentnews.com/general-provident-fund-interest-at-the-rate-of-8-from-1st-april-2019-to-30th-june-2019-dea-resolution/#respond</comments>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Tue, 16 Apr 2019 10:19:46 +0000</pubDate>
				<category><![CDATA[Employees News]]></category>
		<category><![CDATA[General Provident Fund]]></category>
		<category><![CDATA[GPF]]></category>
		<category><![CDATA[Interest of GPF]]></category>
		<guid isPermaLink="false">https://centralgovernmentnews.com/?p=24156</guid>

					<description><![CDATA[<p>General Provident Fund interest at the rate of 8% from 1st April 2019 to 30th June 2019 &#8211; DEA Resolution (PUBLISHED IN PART I SECTION 1 OF GAZETTE OF INDIA) F.NO. 5(2)-B(PD)/2019 Government of India Ministry of Finance Department of Economic Affairs (Budget Division) New Delhi, the 3rd April, 2019 RESOLUTION It is announced for [&#8230;]</p>
<p>The post <a href="https://centralgovernmentnews.com/general-provident-fund-interest-at-the-rate-of-8-from-1st-april-2019-to-30th-june-2019-dea-resolution/">General Provident Fund interest at the rate of 8% from 1st April 2019 to 30th June 2019 &#8211; DEA Resolution</a> appeared first on <a href="https://centralgovernmentnews.com">CENTRAL GOVERNMENT EMPLOYEES NEWS</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p><strong>General Provident Fund interest at the rate of 8% from 1st April 2019 to 30th June 2019 &#8211; DEA Resolution</strong></p>



<p style="text-align:center">(PUBLISHED IN PART I SECTION 1 OF GAZETTE OF INDIA)<br />
F.NO. 5(2)-B(PD)/2019<br />
Government of India<br />
Ministry of Finance<br />
Department of Economic Affairs<br />
(Budget Division)</p>



<p style="text-align:right">New Delhi, the 3rd April, 2019</p>



<p style="text-align:center"><strong>RESOLUTION</strong></p>



<p>It is announced for general information that during the year 2019-2020, accumulations at the credit of subscribers to the <strong>General Provident Fund and other similar funds shall carry interest at the rate of 8% (Eight percent) w.e.f. 1st April, 2019 to 30th June, 2019. This rate will be in force w.e.f. 1st April, 2019</strong>. The funds concerned are:</p>



<p>The General Provident Fund (Central Services).
The Contributory Provident Fund (India).
The All India Services Provident Fund.
The State Railway Provident Fund.
The General Provident Fund (Defence Services).
The Indian Ordnance Department Provident Fund.
The Indian Ordnance Factories Workmen’s Provident Fund.
The Indian Naval Dockyard Workmen’s Provident Fund.
The Defence Services Officers Provident Fund.
The Armed Forces Personnel Provident Fund.</p>



<p>Ordered that the Resolution be published in Gazette of India.</p>



<p style="text-align:right">sd/-<br />
(Akhilesh Kumar Mishra)<br />
Director (Budget)</p>



<p>To,<br />
The Manager, (Technical Branch)<br />
Government of India Press, Mayapuri, Delhi.</p>



<p>F.No.5(2)-B(PD)/2019</p>



<p>Copy forwarded to all Ministries/Departments of Government of India, President’s Secretariat, Vice-President’s Secretariat, Prime Minister’s Office, Lok Sabha Secretariat, Rajya Sabha Secretariat, Cabinet Secretariat, Union Public Service Commission, Supreme Court, Election Commission and NITI Aayog.</p>



<p>Source: <a href="https://dea.gov.in/sites/default/files/resolution%20PDF.pdf" target="_blank" rel="noreferrer noopener" aria-label="dea.gov.in (opens in a new tab)">dea.gov.in</a><br /></p>
<p>The post <a href="https://centralgovernmentnews.com/general-provident-fund-interest-at-the-rate-of-8-from-1st-april-2019-to-30th-june-2019-dea-resolution/">General Provident Fund interest at the rate of 8% from 1st April 2019 to 30th June 2019 &#8211; DEA Resolution</a> appeared first on <a href="https://centralgovernmentnews.com">CENTRAL GOVERNMENT EMPLOYEES NEWS</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://centralgovernmentnews.com/general-provident-fund-interest-at-the-rate-of-8-from-1st-april-2019-to-30th-june-2019-dea-resolution/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>General Provident Fund to be introduced to willing NPS employees- AIDEF Circular</title>
		<link>https://centralgovernmentnews.com/general-provident-fund-to-be-introduced-to-willing-nps-employees-aidef-circular/</link>
					<comments>https://centralgovernmentnews.com/general-provident-fund-to-be-introduced-to-willing-nps-employees-aidef-circular/#respond</comments>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Mon, 15 Apr 2019 06:05:50 +0000</pubDate>
				<category><![CDATA[NPS]]></category>
		<category><![CDATA[Central Government Employees]]></category>
		<category><![CDATA[General Provident Fund]]></category>
		<category><![CDATA[GPF]]></category>
		<category><![CDATA[National Pension System]]></category>
		<category><![CDATA[NPS To OPS]]></category>
		<category><![CDATA[Pension]]></category>
		<guid isPermaLink="false">https://centralgovernmentnews.com/?p=24147</guid>

					<description><![CDATA[<p>General Provident Fund (GPF) to be introduced to willing National Pension System (NPS) employees- AIDEF Circular ALL INDIA DEFENCE EMPLOYEES’ FEDERATION Special Circular No.72 Date : 13.04.2019 As already informed to you the meeting of the National Council (JCM) was held on 13/04/2019 under the Chairmanship of the Cabinet Secretary. AIDEF was represented by Comrades [&#8230;]</p>
<p>The post <a href="https://centralgovernmentnews.com/general-provident-fund-to-be-introduced-to-willing-nps-employees-aidef-circular/">General Provident Fund to be introduced to willing NPS employees- AIDEF Circular</a> appeared first on <a href="https://centralgovernmentnews.com">CENTRAL GOVERNMENT EMPLOYEES NEWS</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p style="text-align:center"><strong>General Provident Fund (GPF) to be introduced to willing National Pension System (NPS) employees- AIDEF Circular</strong></p>



<p style="text-align:center">ALL INDIA DEFENCE EMPLOYEES’ FEDERATION</p>



<p>Special Circular No.72</p>



<p style="text-align:right">Date : 13.04.2019</p>



<p>As already informed to you the meeting of the National Council (JCM) was held on 13/04/2019 under the Chairmanship of the Cabinet Secretary. AIDEF was represented by Comrades C. Srikumar, K.Balakrishnan and R.S.Reddy. After the introductory remark by the Cabinet Secretary the Staff Side raised the following issues:</p>



<ol class="wp-block-list"><li>The 47th Meeting of the National Council (ICM) is being Called by the Chairman after a period of 9 years. The last i. e. the 46th meeting of the National Council (JCM) was held on 15 May 2010. Under the JCM Scheme the Ordinary meetings of the National Council shall be held as often as necessary, and not less than once in four months. Special meetings can also be called by the Chairman or on a request from the Staff Side. Unfortunately between 1999 and as on date only 7 meetings are held, which means within a period of 20 years only 7 times the National Council has met. This is a clear proof of violation and dilution of the JCM Scheme. Since the National Council of JCM is not functioning, the Departmental Council JCM’s under the Chairmanship of the Secretaries of the Concerned Departments are also not taking place. Therefore I request the Chairman to take a serious note of the situation and a decision may be taken to hold regular meetings of the National Council, its Standing Committee and also the Departmental Council JCM meetings and the decision may be communicated to all Departments.</li><li>When the JCM Scheme came in to effect from 1966 all the Non- Gazetted employees were allowed to participate in the JCM Scheme. However due to upgradation of various Group C Posts to Group B these categories are now exempted from the JCM Scheme. The Staff Side is demanding for review of the same and to permit all Non Gazetted employees irrespective of their pay should be allowed to participate in the JCM Scheme.</li><li>In the past due to repeated discussions in the National Council JCM, the Cabinet Secretary has written a D.O. Letter to all the Secretaries that before implementing any decisions to privatize, Outsource and closures, downsizing, corporatization, rationalization etc the staff side of the Departmental Council JCM should be consulted and their views may be kept in mind while framing such policy decision. However arbitrary decisions are taken especially by Ministry of Railway’s, Defence, Printing and Stationery, Postal and other departments for privatizing the work being done by permanent employees, closure of many units etc. This has resulted in total Labour unrest and series of agitations are being held including strike action. It is therefore requested that all these activities against the interest of employees may be stopped immediately and the entire issue may be discussed in the Departmental Council JCM meetings with the Staff Side.</li><li>After the submission of the 7th CPC recommendations, the Central Government Employees were very much disappointed and there was an all around dissatisfaction since the 7th CPC has not taken into account the proposals of the Staff Side in determining the minimum pay and corresponding fitment factor. The 7th CPC has also rejected our demand to scrap the NPS implemented for employees recruited on or after 1/1/2004. In this backdrop the National Joint Council of Action of the Central Government employees have issued an Indefinite Strike Notice on the Government. A meeting was convened under the Chairman ship of Hon’ble Home Minister Sh. Rajnath Singh in which other three Senior Ministers including the Finance Minister and Railway Minister were also present. The meeting was held on 30th of June 2016 and based on the assurance given by the senior Ministers that the demands of the Central Government employees would be considered by a high Level committee, the strike was deferred. It is unfortunate that the commitment given to the NJCA was never honored and the discontentment amongst the Central Government employees still prevails. It is therefore urged upon the Government that the commitment of the Group of Ministers may be honoured in letter and spirit and Government may come forward to restore the negotiations with the NJCA for reaching an agreement on the following demands.   &#8211;<strong> a</strong>. <strong>Enhancement of Minimum Pay and Fitment Factor w.e.f. 1.1.2006 &#8211; b. Scraping of NPS and restoration of guaranteed Pension under CCS (Pension) Rules 1972. &#8211; c. Option No. 1 recommended by 7th CPC for employees who retired prior to 01/01/2016.</strong></li><li>The Staff Side are repeatedly representing to grant one more option to switch over to 7th CPC pay scale from a date subsequent to 25/07/2016. Even though there is no much financial implication, the Department of Expenditure is not extending the benefit. This issue needs to be considered favourably.</li><li>Inspite of the Government orders for grant of entry pay to the employees promoted on or after 1/1/2006 prescribed for direct recruits in the pay band is not yet implemented in many of the Departments for want of certain clarifications from Department of Expenditure. The issue was discussed in the last Standing Committee meeting and it was assured that necessary clarifications would be issued. However the same has not yet been issued.</li><li>Due to non functioning of JCM and non acceptance of genuine demands of the Central Governments employees there is a multiplicity of litigation on service matters including MACP issues like date of implementation of MACP from 1/1/2006, MACP in promotional hierarchy, Annual Increment to employees retired on 30th June and 31st December etc. In majority of the cases the judgements have gone in favour of the employees and as usual the Government drag the employees up to Supreme Court and even after Establishing the Law on service matters by the Supreme Court the benefits are restricted only to the petitioners. A separate meeting with Staff Side may be held so that the demand for implementation of various Court judgements on service matters can be settled and the number of litigations can be reduced.</li><li>The Defence Industry like Ordnance Factories, DRDO, Units under Army and Navy etc. are under serious attack. The entire policy decision needs to be reconsidered and all these Defence Establishments should be strengthened and developed.</li><li>One time relaxation of LTC-80 cases, where employees have purchased Air Tickets from other than authorized Agents is pending for quite some time. The same may be considered favourably.</li><li>Compassionate Appointment to the wards of employees who dies/medically invalidated on accidents while performing Government duty should be given over and above the 5% quota.</li><li>Outsourcing of permanent Jobs which are being performed by erstwhile Group “D” Employees should be stopped and all the vacancies should be filled up </li></ol>



<h2 class="wp-block-heading">Decision on Agenda Points/ Points Raised in the meeting </h2>



<ul class="wp-block-list"><li>Judgement of Supreme Court on service matters where policies are involved will be made applicable to all the similarly placed Employees.</li><li>GPF to be introduced to willing NPS employees.</li><li>Government seriously and positively considering the demand of allotment of salary budget separately to Ordnance Factories.</li><li>Stepping up of pay will be permitted in MACP.</li><li>Services of Temporary Status Employees of GSF Cossipore will be regularized.</li><li>Government Orders on Risk Allowance and Night Duty Allowance will be issued soon.</li><li>Relaxation of Educational Qualification for Compassionate Appointment to wife of employees medically boarded out from service would be considered.</li><li>Regarding residency period for promotion from one post to another, the Staff Side should forward a detailed proposal.</li><li>Grant of 90% Medical Advance for conventional diseases would be considered by Ministry of Health.</li><li>Proposal for relaxation of LTC-80 is under consideration.</li><li>Revision of pension to employees those who were compulsorily retired would be considered.</li><li>The provision of “Wherever feasible” given in the Government order for grant of HRA without NAC would be considered.</li><li>13.Regarding implementation of Arbitration Awards separate meeting would be held with staff side.</li><li>The decision on applicability of CCS (RSA) Rules 1993 to the workers of the Defence Ministry would be taken within a month. 15. The Demand for creation of NFSG grade in cadre of UDC / Stenographers in all offices outside Secretariat is under consideration of the Government.</li><li>Reimbursement of Medical expenditure involved for over stay in the Hospital, because of infection / side effects would be considered by the Ministry of Health.</li></ul>



<p>With Greetings,</p>



<p style="text-align:right">(C.SRIKUMAR)<br />
General Secretary</p>



<p>Source : AIDEF Circular</p>
<p>The post <a href="https://centralgovernmentnews.com/general-provident-fund-to-be-introduced-to-willing-nps-employees-aidef-circular/">General Provident Fund to be introduced to willing NPS employees- AIDEF Circular</a> appeared first on <a href="https://centralgovernmentnews.com">CENTRAL GOVERNMENT EMPLOYEES NEWS</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://centralgovernmentnews.com/general-provident-fund-to-be-introduced-to-willing-nps-employees-aidef-circular/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>GPF and similar funds Interest Rate – 8% (Eight percent) w.e.f. 1st January, 2019 to 31st March, 2019</title>
		<link>https://centralgovernmentnews.com/gpf-and-similar-funds-interest-rate-8-eight-percent-w-e-f-1st-january-2019-to-31st-march-2019/</link>
					<comments>https://centralgovernmentnews.com/gpf-and-similar-funds-interest-rate-8-eight-percent-w-e-f-1st-january-2019-to-31st-march-2019/#respond</comments>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Sun, 27 Jan 2019 13:42:13 +0000</pubDate>
				<category><![CDATA[Defence]]></category>
		<category><![CDATA[General Provident Fund]]></category>
		<category><![CDATA[GPF Interest 2019]]></category>
		<category><![CDATA[Interest on GPF]]></category>
		<guid isPermaLink="false">http://centralgovernmentnews.com/?p=23434</guid>

					<description><![CDATA[<p>GPF Interest 8% from 1.1.2019 to 31.3.2019 GPF and similar funds Interest Rate &#8211; 8% (Eight percent) w.e.f. 1st January, 2019 to 31st March, 2019 (PUBLISHED IN PART I SECTION 1 OF GAZETTE OF INDIA) F.NO. 5(1)-B(PD)/2018 Government of India Ministry of Finance Department of Economic Affairs (Budget Division) New Delhi, the 03 January, 2019 [&#8230;]</p>
<p>The post <a href="https://centralgovernmentnews.com/gpf-and-similar-funds-interest-rate-8-eight-percent-w-e-f-1st-january-2019-to-31st-march-2019/">GPF and similar funds Interest Rate – 8% (Eight percent) w.e.f. 1st January, 2019 to 31st March, 2019</a> appeared first on <a href="https://centralgovernmentnews.com">CENTRAL GOVERNMENT EMPLOYEES NEWS</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p style="text-align: center;"><strong>GPF Interest 8% from 1.1.2019 to 31.3.2019</strong><br />
<strong>GPF and similar funds Interest Rate &#8211; 8% (Eight percent) w.e.f. 1st January, 2019 to 31st March, 2019</strong></p>
<p style="text-align: center;">(PUBLISHED IN PART I SECTION 1 OF GAZETTE OF INDIA)<br />
F.NO. 5(1)-B(PD)/2018<br />
Government of India<br />
Ministry of Finance<br />
Department of Economic Affairs<br />
(Budget Division)</p>
<p style="text-align: right;">New Delhi, the 03 January, 2019</p>
<p style="text-align: center;"><span style="text-decoration: underline;">RESOLUTION</span></p>
<p>It is announced for general information that during the year 2018-2019, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry <strong>interest at the rate of 8%</strong> (Eight percent) w.e.f. 1st January, 2019 to 31st March, 2019.</p>
<p>This rate will be in force w.e.f.1st January, 2019. The funds concerned are:</p>
<ol>
<li>The General Provident Fund (Central Services).</li>
<li>The Contributory Provident Fund (India).</li>
<li>The All India Services Provident Fund.</li>
<li>The State Railway Provident Fund.</li>
<li>The General Provident Fund (Defence Services).</li>
<li>The Indian Ordnance Department Provident Fund.</li>
<li>The Indian Ordnance Factories Workmen&#8217;s Provident Fund.</li>
<li>The Indian Naval Dockyard Workmen&#8217;s Provident Fund.</li>
<li>The Defence Services Officers Provident Fund.</li>
<li>The Armed Forces Personnel Provident Fund.</li>
</ol>
<p>2. Ordered that the Resolution be published in Gazette of India.</p>
<p style="text-align: right;">sd/-<br />
(Akhilesh Kumar Mishra)<br />
Director (Budget)</p>
<p>The post <a href="https://centralgovernmentnews.com/gpf-and-similar-funds-interest-rate-8-eight-percent-w-e-f-1st-january-2019-to-31st-march-2019/">GPF and similar funds Interest Rate – 8% (Eight percent) w.e.f. 1st January, 2019 to 31st March, 2019</a> appeared first on <a href="https://centralgovernmentnews.com">CENTRAL GOVERNMENT EMPLOYEES NEWS</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://centralgovernmentnews.com/gpf-and-similar-funds-interest-rate-8-eight-percent-w-e-f-1st-january-2019-to-31st-march-2019/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>Government Hikes GPF Interest Rate To 8% For October-December quarter</title>
		<link>https://centralgovernmentnews.com/government-hikes-gpf-interest-rate-to-8-for-october-december-quarter/</link>
					<comments>https://centralgovernmentnews.com/government-hikes-gpf-interest-rate-to-8-for-october-december-quarter/#respond</comments>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Wed, 17 Oct 2018 15:43:01 +0000</pubDate>
				<category><![CDATA[EPFO]]></category>
		<category><![CDATA[Central Government Employees]]></category>
		<category><![CDATA[General Provident Fund]]></category>
		<category><![CDATA[GPF]]></category>
		<category><![CDATA[GPF Interest Rate]]></category>
		<category><![CDATA[PPF]]></category>
		<category><![CDATA[PTI]]></category>
		<guid isPermaLink="false">http://centralgovernmentnews.com/?p=22645</guid>

					<description><![CDATA[<p>Government Hikes GPF Interest Rate To 8% For October-December quarter. The government has increased the rate of interest for General Provident Fund (GPF) and other related schemes by 0.4 percentage points to 8 per cent for the October-December quarter. The rate is in line with that for Public Provident Fund. The interest rate on GPF [&#8230;]</p>
<p>The post <a href="https://centralgovernmentnews.com/government-hikes-gpf-interest-rate-to-8-for-october-december-quarter/">Government Hikes GPF Interest Rate To 8% For October-December quarter</a> appeared first on <a href="https://centralgovernmentnews.com">CENTRAL GOVERNMENT EMPLOYEES NEWS</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><strong>Government Hikes GPF Interest Rate To 8% For October-December quarter.</strong></p>
<p>The government has increased the rate of interest for General Provident Fund (GPF) and other related schemes by 0.4 percentage points to 8 per cent for the October-December quarter.</p>
<p>The rate is in line with that for Public Provident Fund.</p>
<p>The interest rate on GPF was 7.6 per cent for the July-September quarter of 2018-19.</p>
<p>&#8220;… during the year 2018-2019, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 8 per cent with effect from October 1, 2018, to December 31, 2018,&#8221; a Department of Economic Affairs&#8217; notification said.</p>
<p>The interest rate would apply on Provident Funds of central government employees, railways and defence forces.</p>
<p>Last month, the government announced that the interest on small savings, including NSC and PPF, will be hiked by up to 0.4 percentage point for the October-December quarter, to align it with rising deposit rates in the banks.</p>
<p>PTI</p>
<p>The post <a href="https://centralgovernmentnews.com/government-hikes-gpf-interest-rate-to-8-for-october-december-quarter/">Government Hikes GPF Interest Rate To 8% For October-December quarter</a> appeared first on <a href="https://centralgovernmentnews.com">CENTRAL GOVERNMENT EMPLOYEES NEWS</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://centralgovernmentnews.com/government-hikes-gpf-interest-rate-to-8-for-october-december-quarter/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>Speedy Clearance of GPF Final Settlement: DAD Estt</title>
		<link>https://centralgovernmentnews.com/speedy-clearance-of-gpf-final-settlement-dad-estt/</link>
					<comments>https://centralgovernmentnews.com/speedy-clearance-of-gpf-final-settlement-dad-estt/#respond</comments>
		
		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Wed, 03 Oct 2018 13:21:35 +0000</pubDate>
				<category><![CDATA[Employees News]]></category>
		<category><![CDATA[General Provident Fund]]></category>
		<category><![CDATA[GPF]]></category>
		<category><![CDATA[GPF Final]]></category>
		<category><![CDATA[GPF Final Settlement]]></category>
		<category><![CDATA[GPF Final Withdrawal]]></category>
		<category><![CDATA[GPF Guidelines]]></category>
		<guid isPermaLink="false">http://centralgovernmentnews.com/?p=22525</guid>

					<description><![CDATA[<p>Speedy Clearance of GPF Final Settlement: DAD Estt Government of India Ministry of Defence Office of the Principal Controller of Accounts (FYS) AN-VII Section 10-A, S.K.Bose Road, Kolkata-700001 No.525/AN/VII/Circular/2017 Dated: 26.09.2018 Sub:Speedy Clearance of GPF Final Settlement: DAD Estt. It has been noticed that Br.Account Officers are forwarding GPF final settlement claim to CDA(Fund), Meerut [&#8230;]</p>
<p>The post <a href="https://centralgovernmentnews.com/speedy-clearance-of-gpf-final-settlement-dad-estt/">Speedy Clearance of GPF Final Settlement: DAD Estt</a> appeared first on <a href="https://centralgovernmentnews.com">CENTRAL GOVERNMENT EMPLOYEES NEWS</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p style="text-align: left;"><strong>Speedy Clearance of GPF Final Settlement: DAD Estt</strong></p>
<p style="text-align: center;">Government of India<br />
Ministry of Defence<br />
Office of the Principal Controller of Accounts (FYS)<br />
AN-VII Section<br />
10-A, S.K.Bose Road, Kolkata-700001</p>
<p>No.525/AN/VII/Circular/2017</p>
<p style="text-align: right;">Dated: 26.09.2018</p>
<p>Sub:<strong>Speedy Clearance of GPF Final Settlement: DAD Estt.</strong></p>
<p>It has been noticed that Br.Account Officers are forwarding GPF final settlement claim to CDA(Fund), Meerut for payment at belated stage which may cause delay in payment of GPF accumulation to retirees. In this connection, reference is invited to this officer important circular dated 5.11.2012 (Copy enclosed) which is self explanatory. A check list circulated by CDA(Fund). Meerut vide their circular no.AN/Funds/Coord/Circular dated 25.8.2015 is also enclosed herewith for strict compliance.</p>
<p>Enclo: As above.</p>
<p style="text-align: right;">Sd/-<br />
(Praveen Ranjan)<br />
Dy.Controller of Account(AN)</p>
<p>Source: http://pcafys.nic.in</p>
<p>The post <a href="https://centralgovernmentnews.com/speedy-clearance-of-gpf-final-settlement-dad-estt/">Speedy Clearance of GPF Final Settlement: DAD Estt</a> appeared first on <a href="https://centralgovernmentnews.com">CENTRAL GOVERNMENT EMPLOYEES NEWS</a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://centralgovernmentnews.com/speedy-clearance-of-gpf-final-settlement-dad-estt/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
	</channel>
</rss>
