DP&PW Clarification regarding timely payment of GPF final payment to the retiring Government servant – GPF will be paid immediately after retirement
GPF and other Provident Fund Interest Rate from 1st January 2017 interest rate @ 8% from 01.01.2017 – Finance Ministry Resolution
Provident Fund Interest Rates – GPF, CPF, Railway Provident Fund, Service Provident Fund Interest Rates revised to 8% from 8.1% with effect from 1st October 2016
EPF Form 11 – New Declaration Form replaces existing Form No: 11 and also replace Form No.13 in all such cases where existing member to the Provident Fund makes a request for transfer of his fund availing the facility of UAN
Casual Labourers with temporary Status in Deptt of Post – Clarification regarding contribution to GPF and Pension under the Old Pension Scheme
In a measure that would benefit thousands of Central government employees, the central government on Friday extended the Retirement Benefits and death gratuity to all, irrespective of the date on which they had entered government service.
Finance Ministry Resolution for interest rate of 8.1% for GPF and other such funds
CITU press release on the recent amendments in EPFO and postponement of implementation
Additional Interest Rate spreads which the Government allows on Small Savings Schemes like PPF, Senior Citizen Savings Scheme, Sukanya Samridhi Scheme and NSC etc. are being continued
Those who raised their pitch against the EPF tax proposal are claiming victory. But the withdrawal should not bury a more fundamental and longterm concern: Do we Indians plan well for life after superannuation?
EPF interest rate for previous year was fixed at 8.75%. For the year 2015-16, interest for contribution made by employer and as well as Employee will 8.8%.
General Provident Fund (GPF) is applicable to Central Government Employees who have joined in the service before 01.01.2004. Govt has made National Pension System which is also called National Pension Scheme as a mandatory pension scheme in respect of employees who have joined on or after 1st January 2004
Every Year Department Expenditure, Ministry of Finance would release the Table of Benefits in respect of Savings Fund for CGEGIS applicable for Central Government Employees
DOPT had clarified in OM dated 261h April, 2004 after introduction of NPS to the effect that Casual Labours are not covered by GPF. However, this clarification has been quashed by many legal forums. Hence, DOPT has come up with a clarification OM for covering casual labourers who have been granted temporary status would be entitled GPF
EPF subscriptions can be made through Internet Banking relaxed till 30th June 2016 – The Central Government has made it mandatory for employers to pay statutory contribution electronically through Internet Banking only.