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
GPF Interest Rate 2019-20: 7.9% Oct-Dec As per the Economic Affairs resolution issued on 21.10.2019, the General Provident Fund interest rate for the period from 1st October 2019 to 31st December 2019 has been officially announced. According to the resolution, the interest rate for this period will be 7.9%. This rate is subject to change … Read more
What is General Provident Fund in India? The General Provident Fund (GPF) is a savings and financial security scheme available to government employees in India. Each month, they can contribute a portion of their salary to the scheme until retirement, at which time they will receive the accumulated sum with nominal interest. [lwptoc numeration=”none” title=”Table … Read more
Interest Rates 1952-2023 | PF Accumulation History The EPF Scheme 1952 includes provisions for interest. The Central Government, in consultation with the Central Board, determines the rate of interest that will be credited to each member’s account by the Commissioner. Interest is added based on monthly running balances from the last day of each year. … Read more
GPF Subscription Ceiling Raised to ₹5 Lakh | Know Details According to the regulations surrounding the General Provident Fund (GPF), there is a specific ceiling of Rs. 5 Lakh on the amount of subscription allowed within a single financial year. This means that any contributions made to the GPF beyond this amount will not be … Read more
General Provident Fund (GPF) Interest Rate 2022-23 PDF The General Provident Fund (GPF) is a popular investment option for government employees in India. The interest rate for the year 2022-23 has been announced by the government and is available in a PDF format. The GPF interest rate will vary across different quarters of the year … Read more
Annual GPF Statement | Issuance & Details According to the recent CGA order, the annual statement of General Provident Fund (GPF) account will be issued to all employees. This statement will detail the balance in the employee’s GPF account, any interest earned, and any withdrawals made during the year. This process helps to ensure transparency … Read more