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GPF Rate Hike for Central Govt.

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  • June 5, 2012 at 7:05 am #67560
    Anonymous
    Inactive

    I am copy-pasting the relevant order. Does anyone know of similar order for State Employees.
    (PUBLISHED IN PART I SECTION OF GAZETTE OF INDIA)
    Government of India
    Ministry of Finance
    (Department of Economic affairs)
    F.No.5(1)-B(PD)/2012 , New Delhi, the 22nd May, 2012
    RESOLUTION
    It is announced for general information that during the year 2012-2013, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 8.8% (Eight point eight per cent) per annum. This rates will be in force during the financial year beginning on 1.4.2012.
    The funds concerned are :-
    1. The General Provident Fund (Central Services).
    2. The Contributory Provident Fund (India).
    3. The All India Services Provident Fund.
    4. The State Railway Provident Fund.
    5. The General Provident Fund (Defence Services).
    6. The Indian Ordnance Department Provident Fund.
    7. The Indian Ordnance Factories Workmen’s Provident Fund.
    8. The Indian Naval Dockyard Workmen’s Provident Fund.
    9. The Defence Services Officers Provident Fund.
    10. The Armed Forces Personnel Provident Fund.
    2. Ordered that the Resolution be published in Gazette of India.
    Sd/- (Brajendra Navnit)
    Deputy Secretary (Budget)
    Source: http://www.finmin.nic.in
    [http://finmin.nic.in/the_ministry/dept_eco_affairs/budget/resolution12.pdf]

    June 5, 2012 at 11:32 am #72786
    Anonymous
    Inactive

    It took place in the newspapers a few days ago for the state employees but the Order yet to be published.

    June 30, 2012 at 3:56 pm #73004
    Anonymous
    Inactive

    The rate of Interest has been changed w.e.f. 01/04/2012 by the Govt of West Bengal.
    “Click here”.to download the Govt. Order.

    July 1, 2012 at 2:34 pm #73033
    Anonymous
    Inactive

    GPF Rate Hike for Central Govt. TEXT VERSION
    Government of West Bengal
    Finance Department
    Audit Branch
    No. 5288-F(J), Kolkata, the 22nd June, 2012
    RESOLUTION
    The Governor is pleased to decide the during the year 2012-13, accumulations at the credit of the subscribers to the General Provident Fund and other similar funds under the administrative control of the Govt. of West Bengal shall carry interest at the rate of 8.8% (Eight point eight per cent) per annum. This rate will be in force during the financial year beginning on 01.04.2012. The funds concerned are: –
    (i) General Provident Fund (West Bengal Service),
    (ii) Contributory Provident Fund (West Bengal),
    (iii) Provident Funds maintained under the West Bengal non-Govt. Educational Institutions and Local Authorities (CPFE) Act, 1983,
    (iv) Any other Provident Fund maintained in the State Accounts with approval of this Govt.
    2. Ordered that the resolution be forwarded to all Departments of the Government of West Bengal and published in Kolkata Gazette.
    By order of the Governor,
    Sd/- P.N. Samadder
    Joint Secretary to the Government of West Bengal
    No. 5288/1(1)-F(J), Kolkata, the 22nd June, 2012
    Copy with 20 copies of the resolution forwarded to the Sr. Deputy Accountant General (Fund Misc), office of the Tr. Accountant General (A & E) West Bengal, GJ. Press Buildings, 8, K.S. Roy Road, Kolkata-700001.
    Sd/- P.N. Samadder
    Joint Secretary to the Government of West Bengal
    No. 5288/2(500)-F(J), Kolkata, the 22nd June, 2012
    Copy forwarded for information and necessary action to:-
    1. The Commissioner, ……………………………………………………………………………..
    2. The Secretary, ……………………………………………………………………………..
    3. The Director, ………………………………………………………………………………
    4. The District Magistrate/Judge, ………………………………………………………….
    5. The Sub-Divisional Officer, ……………………………………………………………. He is requested to circulate the resolution to all the State Govt. Officers under this jurisdiction,
    6. The Treasury Officer, …………………………………………………………………………..
    7. The Accounts Officer, West Bengal Secretariat, Writers’ Buildings, Kolkata-700001,
    8. The Pay & Accounts Officer, Kolkata Pay & Accounts Office-I, 81/2/2, Phears Lane, Kolkata-700012,
    9. The Pay & Accounts Officer, Kolkata Pay & Accounts Office-II, Jawahar Building, P-1, Hyde Lane, Kolkata-700073,
    10. The Pay & Accounts Officer, Kolkata Pay & Accounts Office-III, I.B. Market, 1st Floor, Sector-III, Bidhannagar, Kolkata-700091,
    11. The Director of Treasuries & Accounts, W.B., New India Assurance Buildings, 4, Lyons Range, Kolkata-700001,
    12. The Director of Pension, PF & Group Insurance, W.B. Purta Bhawan, Salt Lake, Kol-91,
    13. The Superintendent of Police, …………………………………………………………………
    14. Section Officer, Group-H, Finance Department, Government of West Bengal.
    Sd/-
    Joint Secretary to the Government of West Bengal
    Source: http://www.wbfin.nic.in/

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