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GPF Interest Rate Calculation Format Sheet

June 9, 2020 admin Leave a Comment

The Department of Accountant General of Uttar Pradesh notified a sample calculation of GPF

FORMAT OF GPF CALCULATION

Calculate interest for the year 2013-14 in r/o Y.C M O having following details

  • Opening balance as on 01/04/2013: Rs. 89,389
  • Monthly Subscription: Rs. 2,000
  • Refundable Adv.drawn on 25th June (refundable @500/10): Rs. 5,000
  • DA arrears (July-2013): Rs. 4,300
  • Rate of interest: 8.70 %

  • Opening balance as on 01/04/2013: Rs. 89,389
  • Deposits: Rs. 32,800
  • Interest = (Progressive x Rate of Interest) / (100 x Months) (1239868 x 8.7) / (100 x 12): Rs. 8,989
  • Total: Rs. 1,31,178
  • Withdrawal: Rs. 5,000
  • Closing balance as on 31.03.2014: Rs. 1,26,178

GPF Interest Calculator for CG Employees

  • Issuance of Annual Statement of GPF Account August 22, 2020
  • GPF Interest Rate from July to September 2020 is 7.1% August 8, 2020
  • GPF Interest Rate Calculation Format Sheet June 9, 2020
  • Freezing of DA and DR: IRTSA appeal to credit the Additional DA to Provident Fund May 7, 2020
  • GPF Interest Rate from January to March 2020 January 24, 2020
  • Post Office Savings Scheme Interest Rates on PPF, FD, RD, NSC, KVP January 2, 2020
  • GPF Interest Rate 2019-20: 7.9% from Oct to Dec 2019 October 28, 2019
  • NPS Vs GPF – General Provident Fund Facility to National Pension Scheme Governed Employees September 30, 2019
  • GPF Interest Rate Fixed 7.9% for Further Three Months July 18, 2019
  • General Provident Fund drawal of advance to Armed Forces Personnel May 28, 2019
  • GPF Interest Rate in Tamil Nadu – Between 1.4.2019 and 30.6.2019 April 30, 2019
  • GPF for those who have been recruited on or after 1-1-2004 April 24, 2019
  • Transferring NPS Subscription into GPF account April 19, 2019
  • Centralized online GPF Module – Interest Calculation April 17, 2019
  • GPF Interest @ 8% from 1st April 2019 to 30th June 2019 – Finmin Orders April 16, 2019
  • GPF to be introduced to willing NPS employees – AIDEF Circular April 14, 2019
  • EPF Rate of Interest 8.65% February 22, 2019
  • GPF Interest 8% from 1.1.2019 to 31.3.2019 January 26, 2019
  • GPF Interest Rate 8% from October 2018 October 9, 2018
  • Speedy Clearance of GPF Final Settlement – DAD Estt. October 3, 2018
  • GPF Guidelines for Submission of Final Withdrawal May 29, 2018
  • General Provident Fund Interest Rate from April to June 2018 April 16, 2018
  • Aadhaar linking and interoperability of GPF, PPF and EPF September 25, 2017
  • Online processing of GPF Final withdrawal/advance-DAD September 13, 2017
  • General Provident Fund Interest Rate for 1st April to 30th June 2017 – Finmin Orders April 20, 2017
  • GPF interest rate is presently fixed at par with that of PPF interest rate April 12, 2017
  • Central Government expects its employees to work with full dedication, sincerity and diligence – Dr Jitendra Singh March 20, 2017
  • GPF Advance Limit Enhanced upto 12 Months of Pay – DoPPW Order March 8, 2017
  • Clarification regarding timely payment of GPF final payment to the retiring Government Servant – DoPT January 25, 2017
  • Govt puts on hold new Provident Fund withdrawal norms till July 31 April 20, 2016
  • Tax on Provident Fund withdrawn March 9, 2016
  • NFIR writes to PM to withdraw of Budget proposal to levy Income Tax on Provident Fund March 6, 2016
  • Centre decides to withdraw tax on Provident Fund March 6, 2016
  • Deduction of Income Tax on withdrawal of Provident Fund 60% March 5, 2016
  • Casual Labourers with temporary status-clarification regarding contribution to GPF and Pension under the old pension scheme February 26, 2016
  • GPF Resolution 2015-16 – Finmin published today April 23, 2015
  • General Provident Fund Interest Rate 8.7% for 2015-16 April 21, 2015
  • GPF – General Provident Fund Interest Rate during the year 2014-15 – Finmin Orders March 5, 2014

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Related updates:

    GPF Interest Rate 2019-20: 7.9% from Oct to Dec 2019
    PPF Interest Rate Oct 2019 – 7.9%
    Interest Rate of General Provident Fund w.e.f. 1.1.2017 – Finmin Orders
    GPF interest rate is presently fixed at par with that of PPF interest rate
    GPF Interest Rate 8% from October 2018
    General Provident Fund Interest Rate from April to June 2018
    GPF – General Provident Fund Interest Rate during the year 2014-15 – Finmin Orders
    General Provident Fund Interest Rate for 1st April to 30th June 2017 – Finmin Orders
    GPF Interest Rate Fixed 7.9% for Further Three Months

Filed Under: General Provident Fund, GPF

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