Tuesday, 23 October 2012

GPF Annual Accounts Statement for 2011-12

GPF means GENERAL PROVIDENT FUND. All full members and part-time contingent employees of any pensionable service are eligible to joint the fund. Minimum subscription shall not be less than six per cent of the Basic Pay in the case of full-time employees and 3% of the emoluments in the case of part-time contingent employees.

GPF Subscription can be recovered . There are three ways

a) Deduction from the pay bills.
b) Cash remittance at treasury through chalans (while on foreign service or on leave or on deputation).
c) Through Demand Draft (while on foreign service or on leave or on deputation).

By filing a nomination in the form set forth in the First Schedule to the GPF (K) Rules the subscriber can confer on one or more persons the right to receive the amount that may stand to his credit in the Fund in the event of his/her death before that amount has become payable or having become payable has not been paid.

GPF Annual Accounts Statement for 2011-12 is now available. Use this Link . For more information visit this website http://agker.cag.gov.in/

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