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Provident Fund

1) GPF (General Provident Fund), 2) CPF (Contributory Provident Fund), 3) EPF (Employees Provident Fund).

General Provident Fund

Interest Rate on General Provident Fund (01.10.2024 to 31.12.2024)

Finance
Governor is pleased to decide that during the period from 01.10.2024 to 31.12.2024, accumulation at the credit of the subscribers to General Provident Fund shall carry interest at the rate of 7.1% (Seven point one percent) per annum.

Modalities of Application, Sanction of Advance and Final Payment of Provident Fund through NGIPF Module

Finance
On receipt of the final payment authority from DPPG, WB, the PFD Admin shall disburse the final payments to the employees.

Procedure for Payment of Provident Fund Interest – Addendum

Finance
In case of final withdrawal of accumulations in the Provident fund, interest shall he payable thereon to the employee or his nominee or legal heirs, as the case may be, up to the end of the month preceding which the payment is made.

Interest Rate on General Provident Fund (01.07.2024 to 30.09.2024)

Finance
The interest rate of 7.1% (Seven point one percent) will be in force during this financial year for the period from 01.07.2024 to 30.09.2024.

Interest Rate on General Provident Fund (01.04.2024 to 30.06.2024)

Finance
The interest rate of 7.1% (Seven point one percent) will be in force during this financial year for the period from 01.04.2024 to 30.06.2024.

Payment of Additional Interest against GPF Final Payment Claim

Accountant General, West Bengal, Finance
Application for final payment should be submitted in proper form in due time prescribed by the government. (Form 10A where the subscriber is alive and Form 10B in case of death of a subscriber).

Ceiling of Rs. 5 Lakh regarding Annual Subscription of GPF

Finance
In case the employees do not revise their contributions, the respective DDOs must regulate the subscription so that the threshold limit of Rs. 5 Lakh is not exceeded in a financial year.
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