Provident Fund
1) GPF (General Provident Fund), 2) CPF (Contributory Provident Fund), 3) EPF (Employees Provident Fund).
After completion of 1 year continuous service by an employee, joining in GPF Scheme is compulsory. Also nomination is mandatory. Minimum subscription is 6%, maximum is upto full pay.
New Functionalities are: 1. Online Change of Subscription towards Provident Fund 2. Online Transfer of Provident Fund Balance upon Employee Transfers 3. Online Management of Provident Fund Nomination/ Legal Heir Details
Governor is pleased to decide that during the period from 01.04.2025 to 30.06.2025, accumulation at the credit of the subscribers to General Provident Fund shall carry interest at the rate of 7.1% per annum.
Rate of interest from the financial year 1996-97 to 2018-19 is auto filled. You don’t need to find the interest rates here and there. This utility will be updated regularly as and when new rate is published.
If the total contribution is likely to exceed Rs. 5 Lakh even with minimum monthly subscription of 6% of the emoluments, deduction of GPF subscription may be stopped.
Now you should be logged in successfully. You will find GPF Account Statement menu at the left side of the dashboard. Choose year and click PDF button to Download GPF statement.
Conversion of Option from CPF to GPF in terms of solemn order and judgment dated 16.07.2013 passed by the Hon’ble Special Bench, High Court at Calcutta for the teaching and non-teaching staff of non-Govt. aided recognized Madrasahs.
Governor is pleased to decide that during the period from 01.07.2025 to 30.09.2025, 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.
Introduction of Non-Government Institutions Provident Fund (NGIPF) Module in WBIFMS for Provident Fund maintenance in Non-Government Educational Institutions, Local Bodies and other similar institutions.
A subscriber shall at the time of joining the G.P. Fund, send to the AG,WB, a nomination in prescribed Form conferring 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 death.