EPF Contributions and Withdrawal – Agreement with Banks entered
EPF Contributions and Withdrawal – Agreement with Banks entered for easy deposit & withdrawals of EPF Contributions
EPF Contributions and Withdrawal – Agreement with Banks entered for easy deposit & withdrawals of EPF Contributions
GPF Interest Rates for the period from 1st July to 30th September reduced from 7.9% to 7.8% – Finance Ministry Resolution
EPFO Circular regarding withdrawal under paragraph 68-BD of EPF Scheme, 1952 for housing needs of the PF members – Can get loan from housing societies
PIB Press Release regarding EPFO beneficiaries to get payment through electronic or digital fund transfer system
GPF Advance – Central Government Employees can apply for advance with self declaration – New GPF Rules – No documentary proof is required to be submitted for advance
GPF Advance Limit Enhanced up to 12 Months of Pay – More Purposes added for grant of GPF Advance – Department of Pension OM on General Provident Fund (CS)Rules
Amendment to the provisions of General Provident Fund (Central Service) Rules 1960- liberalization of provisions for withdrawals from the Fund by the subscribers
NPS – PFRDA Circular Allowing multiple choice to the subscribers/corporates to change Investment Option and Asset Allocation Ratio during the Financial Year
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
Finance Ministry Resolution for interest rate of 8.1% for GPF and other such funds
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
With the introduction of NPS w.e.f. 01.01.2004, the number of subscribers under the GPF scheme will decrease as time goes by. Moreover, the scheme has worked well over the past 65 years