General Provident Fund (Central Services) Rules 1960

General Provident Fund (Central Services) Amendment Rules, 2022

MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS
(Department of Pension and Pensioners’ Welfare)
New Delhi, the 15th June, 2022

G.S.R. 96. -In exercise of the powers conferred by the proviso to article 309 and clause (5) of article 148 of the Constitution, and after consultation with the Comptroller and Auditor-General of India in relation to persons serving in the Indian Audit and Accounts department, the President here by makes the following rules further to amend the General Provident Fund (Central Services) Rules 1960, namely:-

1. Short title and commencement.-(1) These rules may be called the General Provident Fund (Central Services) Amendment Rules, 2022.
(2) They shall come into force on the date of their publication in the Official Gazette.

2. In the General Provident Fund (Central Services) Rules, 1960 (herein after referred to as the said rules) In rule7, in sub-rule (1), after the second proviso, the following proviso shall be inserted, namely:-

“Provided that the sum of the monthly subscriptions during a financial year together with the amount of arrear subscriptions deposited in that financial year shall not exceed the limit as specified in the second proviso to clause (b) of sub-rule (1) of rule 8,.

3. In rule 8 of the said rules –

(a) in sub-rule(1), in clause(b), after the proviso, the following proviso shall be inserted, namely:- “Provided further that the sum of monthly subscriptions in a financial year shall not exceed the threshold limit referred to in sub-clause (i) of clause (c) of the Explanation below sub-rule (2) of rule 9D of the Income Tax Rules, 1962”;

(b) in sub-rule(4),-

(1) The first proviso shall be omitted;

(2) In the second proviso, the word ‘further’ shall be deleted;

(c) after sub-rule (4), the following sub-rule shall be inserted, namely:-

“(5) The amount of subscription fixed under sub-rule(3) or reduced or enhanced under sub-rule (4) shall be subject to the minimum and maximum limits specified in sub-rule(1)” ;

(d) in rule 10 of the said rules in sub-rule (3), after the proviso, the following proviso shall be inserted, namely:-

“Provided further that the sum of the monthly subscriptions during a financial year together with arrears of subscription and the interest thereon recovered in that financial year shall, in no case, exceed the limit as specified in the second proviso to clause (b) of sub-rule (1) of rule 8”.

[F. No.3/6/2021-P&PW (F)]
SANJOY SHANKAR, Dy. Secy.

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