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GPF Advance for Armed Forces Personnel The government has proposed an amendment to the provisions of the general Provident Fund (Central Service) Rules, 1960. This amendment seeks to liberalize the provisions for drawal of advance from the Fund by the subscribers. This potentially means that subscribers will have an easier time accessing funds from their … Read more
Reduction in PF Contribution – Get the Details With a view to bring contribution under Employees’ Provident Funds and Miscellaneous Provisions (EPF & MP) Act, 1952 to be paid by employer and employee at par with other savings instruments like the National Pension System, Contributory Provident Fund etc., an agenda item for lowering the rate … Read more
“CPF Pension Rates – Current Rates for Pensioners” The current pension rate of CPF pensioners who have contributed to the Contributory Provident Fund is determined by a variety of factors, including the total amount of contributions made, the length of time the contributions were made, and the age at which the pensioner started receiving payments. … Read more
Withdraw from GPF: Rules & Process Recently, an amendment has been made to the provisions of General Provident Fund (Central Service) Rules 1960. This amendment is aimed at liberalizing the provisions for withdrawals from the Fund by the subscribers. The amendment will allow subscribers to withdraw funds from their accounts more easily, which will provide … Read more
GPF Interest Rate Fixed at 7.9% for 3 Months The General Provident Fund’s interest rate has been fixed at 7.9% with effect from 1st July 2019. This rate is expected to remain constant for the foreseeable future, providing a stable investment option for those looking to save for retirement or other long-term goals. The interest … Read more
GPF Interest Rate in Tamil Nadu – 1st April to 30 June 2019 During the period of 1st April 2019 to 30th June 2019, the Government Provident Fund (GPF) interest rate in Tamil Nadu was set at a percentage determined by the state government. This interest rate served as an incentive for employees to contribute … Read more
GPF for those Recruited After 2004 | Details & Information The General Provident Fund (GPF) is a scheme that applies to individuals who have been recruited on or after January 1st, 2004. This scheme allows employees to contribute a portion of their salary to a savings account that accrues interest over time. The purpose of … Read more
Centralized Online GPF Module – Interest Calc. The Centralized Online GPF Module is an advanced digital tool used for managing government employee funds. One of the key features of this system is its ability to accurately calculate interest rates, ensuring that employees’ funds grow at a steady pace. This calculation process is done automatically within … Read more
Introducing GPF to Willing NPS Employees ALL INDIA DEFENCE EMPLOYEES’ FEDERATION Special Circular No.72Date : 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 C. Srikumar, K.Balakrishnan and R.S. Reddy. After the introductory remark by … Read more
NPS vs GPF: GPF Facility for National Pension Scheme Gov. Employees The proposal suggests an extension of the General Provident Fund (GPF) facility to the National Pension System (NPS) governed employees, giving them the option to choose between the two schemes. This move comes as a result of the government’s efforts to provide more flexibility … Read more