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Ceiling of Rs. 5.00 Lakh on subscription to Defence Services Officers Provident Fund (DSOP) in Financial Year.

March 26, 2024, 8:27 PM
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Ceiling of Rs. 5.00 Lakh on subscription to Defence Services Officers Provident Fund (DSOP) in Financial Year.
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As per MoD, DMA letter No.14(1)/2023-D(Pay/Services) dt. 13.03.2024, the provision of Min. of Personal, PG & Pensions D/o P & PW’s O.M. No.3/6/2021-P&PW(F) dated 11.10.2022 regarding ceiling of Rs. 5.00 Lakh per year on subscription to General Provident Fund will be applicable to Armed Forces Personnel.

Accordingly, ceiling of Rs. 5.00 Lakh is applicable on subscription to DSOP Fund w.e.f. F.Y. 2024-25. The minimum contribution to DSOP Fund is 6% of Monthly Basic Pay.

The above order is effective from March 2024.

   
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This entry was posted in Central Govt, Defence, Central Govt

   
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Disclaimer: The Information /News /Video provided in this Platform has been collected from different sources. We Believe that “Knowledge Is Power” and our aim is to create general awareness among people and make them powerful through easily accessible Information. NOTE: We do not take any responsibility of authenticity of Information/News/Videos.