Revision of GPF Rates 2017 – Notification Issued by Finance Division GoP
Notification of revised uniform rates of subscription of general provident fund (GPF) vide No.F.1(5)-Reg.7187-365 GOVERNMENT OF PAKISTAN, FINANCE DIVISION ( REGULATIONS WING )
Islamabad, the 24th July, 2017.
OFFICE MEMORANDUM SUBJECT:- UNIFORM RATES OF SUBSCRIPTION TOWARDS GENERAL PROVIDENT FUND
The undersigned is directed to refer to Finance Division’s O.M. No. F.1(5)-Reg.7187-357 dated 101h August 2016 on the above subject and to state that consequent upon the revision of basic pay scales for the civil employees of the Federal Government circulated vide Finance Division’s O.M. No.F.1(3)/Imp/2017-500 dated 3rd July, 2017 , it has been decided to revise the rates of subscription towards General Provident Fund as shown In column 5 of the following table:-
Amount in Rs – Scale Minimum Maximum Moan Rate of monthly subscription Remarks – minimum rates of subscription (on mean) will be as under-
2. The deductions from the pay of employees on tee basis of new rates shall be made in August to be paid on 1st September. 2017. until further orders. There shall be no option to postpone Subscription to the above fund either during leave (except extraordinary leave t pay) or during the training period.