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CENTRAL GOVERNMENT EMPLOYEES NEWS

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You are here: Home / Archives for General Provident Fund
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General Provident Fund

Centre decides to withdraw tax on Provident Fund

March 7, 2016 by admin Leave a Comment

Centre decides to withdraw tax on Provident Fund News have surfaced that the Prime Minister has instructed the Finance Minister to put a hold on the proposed plan to impose taxes on PF withdrawals. Finance Minister Arun Jaitley is expected to make an official announcement in this regard shortly. Employee unions all over the country have been vehemently opposing the … [Read more...] about Centre decides to withdraw tax on Provident Fund

Deduction of Income Tax on withdrawal of Provident Fund 60%

March 5, 2016 by admin Leave a Comment

Deduction of Income Tax on withdrawal of Provident Fund 60% NATIONAL COUNCIL (STAFF SIDE) Joint Consultative Machinery for Central Government Employees 13-C, Ferozshah Road, New Delhi – 110001 E Mail: [email protected] No. NC-JCM/2016 Dated:- 1st March, 2016 To The Hon’ble Finance Minister, Government of India, North Block, New Delhi. Dear Sir, Sub: … [Read more...] about Deduction of Income Tax on withdrawal of Provident Fund 60%

Casual Labourers with temporary status-clarification regarding contribution to GPF and Pension under the old pension scheme

February 26, 2016 by admin Leave a Comment

Casual Labourers with temporary status-clarification regarding contribution to GPF and Pension under the old pension scheme No.49014/2/2014-Estt (C) Government of India Ministry of Personnel, Public Grievances and PG Department of Personnel and Training Establishment Division New Delhi, North Block, February 26th , 2016 OFFICE MEMORANDUM Subject: Casual Labourers with … [Read more...] about Casual Labourers with temporary status-clarification regarding contribution to GPF and Pension under the old pension scheme

7th Pay Commission Report: General Provident Fund (GPF) for Central Government employees

November 23, 2015 by admin Leave a Comment

7th Pay Commission Report: General Provident Fund (GPF) for Central Government employees 9.4.1 General Provident Fund (GPF) for Central Government employees was started w.e.f. 1 April, 1960. It covers those government employees who joined service before 01.01.2004 and are not governed by the Contributory Provident Fund Scheme. The scheme was introduced to foster the habit of … [Read more...] about 7th Pay Commission Report: General Provident Fund (GPF) for Central Government employees

One time permission for change over from CPF to GPF Scheme for teaching and non-teaching staff of KVS

June 19, 2015 by admin Leave a Comment

One time permission for change over from CPF to GPF Scheme for teaching and non-teaching staff of KVS KENDRIYA VIDVAlAYA SANGATHAN 18-INSTITUTIONAL AREA, SHAHEED JEET SINGH MARG, NEW DELHI -110016 F.No. 110125/2015/KVS/CPF to GPF /GR.KVS/928 Dated: 15/6/15 Shri M. Krishnan, Secretary General, Confederation of Central Govt. Employees & Workers, 1st Floor, North … [Read more...] about One time permission for change over from CPF to GPF Scheme for teaching and non-teaching staff of KVS

10% Tax Proposed on PF Withdrawals

April 30, 2015 by admin Leave a Comment

10% Tax Proposed on PF Withdrawals The Employee Provident Fund Organization (EPFO) has decided to impose a tax of 10.3% on the amount withdrawn from the EPF within five years of starting the accounts. EPF accounts have to be created in all the concerns that employ more than 20 workers, with salaries of Rs.6,500 and Rs.15,000 per month. 12% of their salaries are deducted … [Read more...] about 10% Tax Proposed on PF Withdrawals

General Provident Fund Interest Rate 8.7% for 2015-16

April 21, 2015 by admin Leave a Comment

General Provident Fund Interest Rate  8.7% for 2015-16   Government Decides to Fix Interest Rates at 8.7% for General Provident Fund(GPF) and other Similar Funds Including Special Deposit Scheme, 1975(SDS,1975) for Non-Government Provident, Superannuation and Gratuity Funds for the Financial Year 2015-16   It was decided by the Government to link the … [Read more...] about General Provident Fund Interest Rate 8.7% for 2015-16

GPF & Pension Benefits to Casual Labour with temporary status regularised after 1.1.2004 – Dopt orders

January 30, 2015 by admin Leave a Comment

GPF & Pension Benefits to Casual Labour with temporary status regularised after 1.1.2004 – Dopt orders G.I., Dep. of Per. & Trg., O.M.No.49014/2/2014-Estt(C), dated 29.1.2015 Subject: GPF & Pension Benefits to Casual Labour with temporary status regularised after 1.1.2004 —regarding. The undersigned is directed to say that following the issue of this … [Read more...] about GPF & Pension Benefits to Casual Labour with temporary status regularised after 1.1.2004 – Dopt orders

Central Government employees should know these rules before provident fund withdrawal…

January 21, 2015 by admin Leave a Comment

Government employees should know these rules before provident fund withdrawal Government employees should know these rules before provident fund withdrawal, Please read this news paper report:- Avoid Tax on Provident Fund Withdrawal… Follow Income Tax Rules before GPF withdrawal… Source: www.govemployees.in … [Read more...] about Central Government employees should know these rules before provident fund withdrawal…

General Provident Fund (GPF) – Employee Provident Fund (EPF)

September 18, 2014 by admin Leave a Comment

General Provident Fund (GPF) – Employee Provident Fund (EPF) The Provident Fund for Central Government employees is known as General Provident Fund (GPF). The scheme is not available for those who were appointed after 01.01.2014. They come under the newly formed National Pension Scheme. Salaried employees are eligible for Employee Provident Fund. Under this scheme, 12% of … [Read more...] about General Provident Fund (GPF) – Employee Provident Fund (EPF)

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7th CPC DA Arrears Ready Reckoner Tables for all Level

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