GPF subscription – Ceiling of Rs. 5 Lakh
Regarding maximum limit of Rs. 5 Lakh on subscription to General Provident Fund (Central Services) under General Provident Fund (Central Services) Rules, 1960 in a financial year
GPF
General Provident Fund, GPF Rules, GPF Interest Rates
7.1% Interest rate for General Provident Fund & other similar funds
General Provident Fund and other similar funds shall Carry ‘interest at the rate of 7.1% (Seven point one percent) w.e.f. 1st January, 2023 to 31st March, 2023
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Ceiling of Rs. 5 Lakh on subscription to General Provident Fund (Central Services) in a financial year
Instruction regarding dated 11.10.2022 for strict implementation of the above amended provisions of the General Provident Fund (Central Services), Rules, 1960.
Ceiling of Rs. 5.00 Lakhs for GPF subscription
As instructed therein, the sum of monthly GPF subscriptions for FY 2022-23 cannot exceed Rs. 5.00 Lakhs. Therefore. further deduction beyond Rs 5 Lakh may be stopped forthwith
Ceiling of Rs. 5 Lakh on subscription to GPF in a financial year
The sum of the monthly subscription by a subscriber under the GPF during a financial years together with the amount of arrear subscriptions deposited in that financial year shall not exceed the threshold limit (at present Rupees Five Lakh)
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General Provident Fund and other similar funds from 1st Oct 2022 to 31st Dec 2022
General Provident Fund and other similar funds shall carry interest at the rate of 7.1% (Seven point one percent) w.e.f. 1st October, 2022 to 31st December, 2022.
General Provident Fund and other similar funds from 1st Oct 2022 to 31st Dec 2022 Read More »
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
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GPF Interest from 1st July 2022 to 30th Sept 2022 for Q2 of FY 2022-2023-No Change Now
General Provident Fund and other similar funds shall carry interest at the rate of 7.1% (Seven point one percent) w.e.f. 1st July, 2022 to 30th September, 2022.
GPF Interest from 1st July 2022 to 30th Sept 2022 for Q2 of FY 2022-2023-No Change Now Read More »
General Provident Fund and other similar funds Carry interest at the rate of 7.1% for FY 2022-23
Regarding General Provident Fund and other similar funds shall Carry interest at the rate of 7.1% (Seven point one percent) w.e.f. 1st April, 2022 to 30th June, 2022
Calculation of Taxable Interest on GPF exceeding Rs.5 Lakh from 2021-22
Office of Controller General of Accounts, Department of Expenditure has issued an OM regarding Calculation of Taxable Interest on GPF exceeding Rs.5 Lakh from 2021-22 and maintaining GPF ledger for Taxable and Non taxable subscribers
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Calculation of Income Tax on Interest of GPF -CDA
Regarding deduction of IT on interest of GPF subscription above Rs. 5 lakhs during FY 2021-22
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