GOOD NEWS – Several relaxations brought in GPF rules

21-03-2017

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 withdrawals by the subscriber/ employee. According to the Union Minister of State (Independent Charge) for Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh, the existing GP Fund (Central Service) Rules came into force way back in 1960 and even though certain amendments have been made from time to time to address the concerns raised, it was felt to be the need of

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Amendment to the provisions of General Provident Fund (Central Service) Rules 1960 – liberalization of provisions for withdrawals from the Fund by the subscribers
March 11, 2017

No 3/2/2017-P&PW(F)(ii) Ministry Of Personnel, PG & Pensions Department Of Pension & Pensioners Welfare Desk-F 3rd Floor, Lok Nayak Bhavan Khan Market, New Delhi – 110 003 Dated the 7th March, 2017. OFFICE MEMORANDUM Subject: Amendment to the provisions of General Provident Fund (Central Service) Rules 1960 –

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Charges and incentive structure under NPS Lite w.e.f. 01.04.2017
March 2, 2017

PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY CIRCULAR CIR No: PFRDA/2017/5/SWM/1 Date: 20th February, 2017 To, All Aggregators Subject: Charges and incentive structure under NPS Lite w.e.f. 01.04.2017 1. As per the existing revenue structure for Aggregators under NPS-Lite/Swavalamban, till 2016-17 the Aggregators are paid

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Clarification regarding timely payment of GPF final payment to the retiring Government servant – regarding
January 28, 2017

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 retiring Government servant –

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Interest Rate of General Provident Fund w.e.f. 1.1.2017 – Finmin Orders
January 27, 2017

F.No.5(1)-B(PD)/2016 Government of India Ministry of Finance Department of Economic Affairs (Budget Division)   New Delhi, Dated the 18th January, 2017   RESOLUTION   It is announced for general information that during the year 2016-2017, accumulations at the credit of subscribers to the General Provident Fund and other similar

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2015-16 में ईपीएफओ को 39,084 करोड़ कमाई का अनुमान, पर 2016-17 में पीएफ खाताधारकों को मिलेगा कम ब्याज
December 20, 2016

कर्मचारी भविष्य निधि संगठन (ईपीएफओ) ने 19 दिसंबर को ईपीएफ खातों में जमा राशि पर चालू वित्त वर्ष के लिए ब्याज दर को घटाकर 8.65% कर दिया था।

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RBE 121- 2016 – State Railway Provident Fund — Rate of interest during the year 2016-17
October 25, 2016

RBE No. 121/2016 GOVERNMENT OF INDIA (BHARAT SARKAR) MINISTRY OF RAILWAYS (RAIL MANTRALAYA) (RAILWAY BOARD) No. F(E)III/2003/PF/1/1 New Delhi, Dated : 13.10.2016 The GMs/FA&CAOs, All Indian Railways/Production Units, (As per mailing list) Subject: State Railway Provident Fund — Rate of interest during the year 2016-17

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