Aadhaar linking and interoperability of GPF, PPF and EPF Aadhaar linking and interoperability of General Provident Fund (GPF), Public Provident Fund (PPF) and Employees’ Provident Fund (EPF) -regarding. Employees Provident Fund Organisation (Ministry of Labour, Govt. of India) No.CAIU/011(44)2016/Aadhar/10273 Date: 22 SEP 2017 To All ACCs (Zones) including ACC (ASD), All RPFC-I/ RPFC 11 (Regional … Read more
GPF Interest Rate for 1st April to 30th June 2017 – Finmin Orders (PUBLISHED IN PART I SECTION 1 OF GAZETTE OF INDIA) F.NO. 5(1)-B(PD)/2017 Government of India Ministry of Finance Department of Economic Affairs (Budget Division) New Delhi, the 18th April, 2017 RESOLUTION It is announced for general information that during the year 2017-2018, … Read more
GPF interest rate is presently fixed at par with that of PPF interest rate GPF Rules With effect from 7th March 2017, Government has simplified and liberalised the conditions for taking advance from the fund by the subscribers for education, illness, purchase of consumer durables. Conditions and procedures for withdrawal from the fund for the … Read more
Central Government expects its employees to work with full dedication, sincerity and diligence – Dr Jitendra SinghSeveral relaxations brought in GP Fund rules In a major relief for government employees, Ministry of Personnel, Public Grievances and Pensions has announced several relaxations in General Provident Fund Rules, with liberalization and simplification, particularly relating to advances and … Read more
GPF Advance Limit Enhanced upto 12 Months of Pay – DoPPW Order Amendment to the provisions of General Provident Fund (Central Service ) Rules 1960- liberalization of provisions for drawal of advance from the Fund by the subscribers. “Enhance the limit of advance upto 12 months of pay or three-fourth of the amount at credit, … Read more
Clarification regarding timely payment of GPF final payment to the retiring Government Servant – regarding No.3/3/2016-P&PW(F) Ministry of Personnel, PG & Pensions Department of Pension & Pensioners’ Welfare Desk-F 3rd Floor, Lok Nayak Bhavan, Khan Market, New Delhi-110003 Dated 16th January 2017. OFFICE MEMORANDUM Subject: Clarification regarding timely payment of GPF final payment to the … Read more
Govt puts on hold new Provident Fund withdrawal norms till July 31 The Govt puts on hold new Provident Fund withdrawal norms till July 31. New PF withdrawal norms proposes to bar withdrawal of employer’s contribution to the provident fund corpus until the employee attains the age of 58 years. On the issue of new … Read more
Tax on Provident Fund withdrawn The Centre has withdrawn its proposal to impose tax on Employee Provident Fund (EPF) withdrawals. From the very beginning, Central Government Employees unions all over the country have been opposing the government’s decision to impose tax on the money that they had been saving during their entire careers. After the Union … Read more
NFIR writes to PM to withdraw of Budget proposal to levy Income Tax on Provident Fund Serious resentment among employees against Budget proposal to levy Income Tax on withdrawal of 60% of provident Fund NFIR National Federation of Indian Railwaymen 3, CHELMSFORD ROAD, NEW DELHI – 110 055 Dated: 05/03/2016 Shri Narendra Modiji Hon’ble Prime Minister … Read more
Centre decides to withdraw tax on Provident Fund News have surfaced that the Prime Minister has instructed the Finance Minister to put a hold on the proposed plan to impose taxes on PF withdrawals. Finance Minister Arun Jaitley is expected to make an official announcement in this regard shortly. Employee unions all over the country have been … Read more