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HIGH COURT ORDER TRANSFERRING NPS SUBSCRIPTION INTO GPF ACCOUNT

High Court Order transferring NPS Subscription into GPF account Regarding transfer of NPS to GPF Government of India Office of the director (Accounts) Ministry of Home Affairs Pay and accounts office, C.R.P.F Plot No.14, PSF-2 Sector-23, Rohini, New Delhi – 110085 No.PAO/CRPF/MHA/NPS/DA-I(1)/2018-19/797 Dated, the 15 March,2019, To The IG (Admin), Directorate General, CRPF, CGO Complex Lodhi Road, New Delhi-110003 Subject:   Reg.transfer of NPS to GPF. I am to say that various cases for transferring NPS subscriptions into GPF account have been received to this office after order of Hon’ble High Court of Delhi in respect of WP(C) No.3834/2013 and WP(C) No.2810/2016 vide which benefits of Old pension Scheme are extended to personnel joined in the year 2004. As there is a large number of subscribers under this kind of transfer and many requests are received along with information of office orders issued by various authorities (i.e., The Commandants, The DIGs, The IGs,...

GENERAL PROVIDENT FUND INTEREST AT THE RATE OF 8% FROM 1ST APRIL 2019 TO 30TH JUNE 2019 – DEA RESOLUTION

General Provident Fund interest at the rate of 8% from 1st April 2019 to 30th June 2019 – DEA Resolution (PUBLISHED IN PART I SECTION 1 OF GAZETTE OF INDIA) F.NO. 5(2)-B(PD)/2019 Government of India Ministry of Finance Department of Economic Affairs (Budget Division) New Delhi, the 3rd April, 2019 RESOLUTION It is announced for general information that during the year 2019-2020, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 8% (Eight percent) w.e.f. 1st April, 2019 to 30th June, 2019. This rate will be in force w.e.f. 1st April, 2019. The funds concerned are: The General Provident Fund (Central Services). The Contributory Provident Fund (India). The All India Services Provident Fund. The State Railway Provident Fund. The General Provident Fund (Defence Services). The Indian Ordnance Department Provident Fund. The Indian Ordnance Factories Workmen’s Provident Fund. The Indian Naval Dockyard...

GPF TO BE INTRODUCED TO WILLING NPS EMPLOYEES- AIDEF CIRCULAR

General Provident Fund (GPF) to be introduced to willing National Pension System (NPS) employees- AIDEF Circular ALL INDIA DEFENCE EMPLOYEES’ FEDERATION Special Circular No.72 Date : 13.04.2019 As already informed to you the meeting of the National Council (JCM) was held on 13/04/2019 under the Chairmanship of the Cabinet Secretary. AIDEF was represented by Comrades C. Srikumar, K.Balakrishnan and R.S.Reddy. After the introductory remark by the Cabinet Secretary the Staff Side raised the following issues: The 47th Meeting of the National Council (ICM) is being Called by the Chairman after a period of 9 years. The last i. e. the 46th meeting of the National Council (JCM) was held on 15 May 2010. Under the JCM Scheme the Ordinary meetings of the National Council shall be held as often as necessary, and not less than once in four months. Special meetings can also be called by the Chairman or on a request from the Staff Side. Unfortunately between 1999 and as on date only 7 meet...

GOVERNMENT HIKES GPF INTEREST RATE TO 8% FOR OCTOBER-DECEMBER QUARTER

Government Hikes GPF Interest Rate To 8% For October-December quarter. The government has increased the rate of interest for General Provident Fund (GPF) and other related schemes by 0.4 percentage points to 8 per cent for the October-December quarter. The rate is in line with that for Public Provident Fund. The interest rate on GPF was 7.6 per cent for the July-September quarter of 2018-19. “… during the year 2018-2019, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 8 per cent with effect from October 1, 2018, to December 31, 2018,” a Department of Economic Affairs’ notification said. The interest rate would apply on Provident Funds of central government employees, railways and defence forces. Last month, the government announced that the interest on small savings, including NSC and PPF, will be hiked by up to 0.4 percentage point for the October-December quarter, to align it with rising...

SPEEDY CLEARANCE OF GPF FINAL SETTLEMENT: DAD ESTT

Speedy Clearance of GPF Final Settlement: DAD Estt Government of India Ministry of Defence Office of the Principal Controller of Accounts (FYS) AN-VII Section 10-A, S.K.Bose Road, Kolkata-700001 No.525/AN/VII/Circular/2017 Dated: 26.09.2018 Sub: Speedy Clearance of GPF Final Settlement: DAD Estt. It has been noticed that Br.Account Officers are forwarding GPF final settlement claim to CDA(Fund), Meerut for payment at belated stage which may cause delay in payment of GPF accumulation to retirees. In this connection, reference is invited to this officer important circular dated 5.11.2012 (Copy enclosed) which is self explanatory. A check list circulated by CDA(Fund). Meerut vide their circular no.AN/Funds/Coord/Circular dated 25.8.2015 is also enclosed herewith for strict compliance. Enclo: As above. Sd/- (Praveen Ranjan) Dy.Controller of Account(AN) Source: http://pcafys.nic.in

CENTRALIZED GPF MODULE ON PFMS PORTAL

Centralized GPF module on PFMS portal MF-CGA/ITD/GPF-IMS/2017/ 293-324 Government of India M/o Finance, Department of Expenditure Controller General of Accounts Mahalekha Niyantrak Bawan GPO Complex, ‘E’ Block INA, New Delhi-110023 Dated:30th, Aug 2018 This office has initiated the implementation of centralized GPF module on PFMS portal for the PAOs whose all DDOs are on EIS module for salary Bill preparation. The training have already been Imparted to some of the PAOs and merged DDOs (List enclosed). 2. The PAOs and merged DDOs who have been trained for centralized online GPF module were required to implement the same within a month after training. However, it has been observed that only few PAOs/DDOs from the trained PAOs and DDOs .has implemented the module. 3. All concerned Pr. CCAs, CCAs, CAs (with independent charge ) are requested to ascertain that the PAOs/merged DDOs who have been trained should migrate to new module expeditiously and the status of implementation ...

CENTRALIZED ONLINE GPF MODULE ROLL OUT

Centralized online GPF Module roll out MF-CGA/ITD/GPF-IMS/2017/PE-3/1028-39 Government of India M/o Finance, Department of Expenditure Controller General of Accounts Mahalekha Niyantrak Bawan GPO Complex, ‘E’ Block INA, New Delhi-110023 Dated 01st Aug, 2018 OFFICE MEMORANDUM Sub:-   Centralized online GPF Module roll out – regarding Reference is invited to this office OM. No. ITO-CGA/07/11/GF-MIDS/Pt. FileNol.2/163 dated 09 May 2017 regarding complete roll out of Centralized online GPF module. The module can be implemented in PAOs whose all DDOs are using Employees Information System (EIS) for generation of Salary Bills. 2. For migrating to the online GPF module on PFMS, PAOs have to complete some activities in “COMPACT” as per the annexure-I before exporting the GPF data from COMPACT to PFMS portal. 3. The merged DDOs of the PAOs are also required to upload the current year GPF data on the PFMS Portal. Merged DDOs have been provided with an offline utility with in E...

GPF Interest Rate from Jan 2018 to Mar 2018 - Department of Economic Affairs (DEA) Orders

GPF Interest Rate from Jan 2018 to Mar 2018 - Department of Economic Affairs (DEA) Orders General Provident Fund (GPF) Interest Rate from January 2018 to March 2018 Resolution – accumulations at the credit of subscribers to the GPF and other similar funds - 2017, w.e.f. 1st January, 2018 to 31st March, 2018 (PUBLISHED IN PART I SECTION 1 OF GAZETTE OF INDIA) F.NO. 5(1)-B(PD)/2017 Government of India Ministry of Finance Department of Economic Affairs (Budget Division) New Delhi, the 1st January, 2018 RESOLUTION It is announced for general information that during the year 2017-2018, accumulations at the credit of subscribers to the General Provident Fund and other similar funds shall carry interest at the rate of 7.6% (Seven point six per cent) w.e.f. 1st January, 2018 to 31st March, 2018. This rate will be in force w.e.f.1st January, 2018 . The funds concerned are: 1. The General Provident Fund (Central Services). 2. The Contributory Provident Fund (India). 3. The All India Services Pro...

General Provident Fund (GPF) and other similar funds

General Provident Fund (GPF) and other similar funds shall carry interest at the rate of 7.8% w.e.f. 1st October, 2017 to 31st December, 2017 General Provident Fund (GPF) and other similar funds shall carry interest at the rate of 7.8% w.e.f. 1st October, 2017 to 31st December, 2017. The Government of India has announced that during the Financial Year 2017-18, accumulations at the credit of subscribers to the General Provident Fund (GPF) and other similar funds shall carry interest at the rate of 7.8% (Seven point eight per cent) with effect from 1st October, 2017 to 31st December, 2017. This rate will be in force w.e.f. 1st October, 2017. The Notification to this effect has been issued and published in the Gazette of India on 23rd October, 2017. PIB