Accumulation at the credit of the subscribers to General Provident Fund and other similar funds shall carry interest at the rate of 7.1% per annum. The rate will be in force during this financial year for the period from 01.07.2020 to 30.09.2020.
Provident Fund for Employees of West Bengal
1) GPF (General Provident Fund), 2) CPF (Contributory Provident Fund), 3) EPF (Employees Provident Fund).
Rate of Interest on GPF (01.04.2020 to 30.06.2020)
Accumulation at the credit of the subscribers to General Provident Fund and other similar funds shall carry interest at the rate of 7.1% per annum. The rate will be in force during this financial year for the period from 01.04.2020 to 30.06.2020.
Capturing GPF Balances of State Government Employees
Governor is pleased to extend the last date of capturing GPF Balances of the State Government Employees including approval by Head of Office whose Accounts are maintained by the Office of Accountant General (A&E), West Bengal upto 5th March, 2020.
Transfer of GPF Balance of Group-D Employees promoted to Group-C
What actions are to be taken by Head of Office for transfer of GPF balance to the Office of the Accountant General, West Bengal (AGWB) of those Group-D employees who are/will be promoted / appointed to Group C category or any category higher than Group C on or after 01.04.2018?
Rate of Interest on GPF (01.10.2019 to 31.12.2019)
During the period from 01.10.2019 to 31.12.2019, accumulation at the credit of the subscribers to General Provident Fund and other similar funds under the administrative control of the Government of West Bengal shall carry interest at the rate of 7.9% (seven point nine percent) per annum.
Introduction of IFMS Module for GPF Account Statement
Introduction of a facility in IFMS to access a statement showing up-to-date GPF balance for State Government Employees whose GPF Accounts are maintained by the Office of the Accountant General, West Bengal.