Excess Recovery of G.P.F. Refundable Loan
- This topic is empty.
-
Posts
-
Inadvertently one extra installment for repayment of GPF Loan has been recovered from salary. Now, what is the procedure to get back that excess recovered amount? Pls, suggest.
There is no need to get back that excess recovered amount. It ( this amount) will be treated as your contribution.
it’s ok, but the staff needs the amont in cash just now, not after some years.
The official suggested to compensate from his actual share from his next month sal.
suppose, his share is Rs. 3000/- GPF share will be Rs. 1000/- in the nxt month, as Rs. 2000/- has been recovered in excess. thanx.while withdrawing refundable advance from GPF there is a rule that a employee can get 3 months of PAY. I want 2 know that what the PAY mean? What it inclues?
Pay means basic pay including Personal Pay, Special Pay, Dearness Pay etc. if any
Pay means basic pay including D.P.
thank your for your reply. Is there any order or proof that Pay includes DA also? If so kindly supply me. I am in urgent need of it..
Please read Dearness Pay instead of Dearness allowance.
The amount of advance shall not be exceed three month’s pay of the subscriber or three-fourth of the balance standing at the credit of the subscriber, whichever is less.
It shall be recovered 10-24 installments.Please read Dearness Pay instead of Dearness allowance.
The amount of advance shall not be exceed three month’s pay of the subscriber or three-fourth of the balance standing at the credit of the subscriber, whichever is less.
It shall be recovered 10-24 installments.3 months of pay I understood but pay means what? Basic+GP+DA or Basic+GP only?
PAY IN PAY BAND + GRADE PAY= BASIC PAY
PAY IN PAY BAND + GRADE PAY= BASIC PAY
PAY IN PAY BAND + GRADE PAY= BASIC PAY
U didn’t understood my point , my point is that , 3 months pay means PAY+GRADE PAY or PAY+GRDAE PAY + DA ?
- You must be logged in to reply to this topic.