New Official Revised GP Fund Schedule Rates 2017 Notification by Finance Division Regulations Wing Islamabad Letter Dated 24-07-2017 Government of Pakistan

New Official Revised GP Fund Schedule Rates 2017 Notification by Finance Division Regulations Wing Islamabad Letter Dated 24-07-2017 Government of Pakistan

No. F.1(5)-Reg.7/87-365

Government of Pakistan

Finance Division

(Regulations Wing)               Islamabad, the 24th July, 2017

OFFICE MEMORANDUM

UNIFORM RATES OF SUBSCRIPTION TOWARDS GENERAL PROVIDENT FUND GPF Schedule Rates 2017

The undersigned is directed to refer to Finance Division’s O.M. N. F.1(5)-Reg.7/87-357 dated 10th August, 2016 on the above subject and 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)/lmp/2017-500 dated 3rd July, 2017, it has been decided to revised the rates of subscription towards General Provident Fund as shown in column 5 of the following table:-

ScaleMinimum Maximum MeanRate of monthly subscriptionRemarks
123456
BPS-191301783013480400Minimum rates of subscription (on mean) will be as under:-
BPS-291301921014240710BPSSubscription
BPS-396102131015460770BPS-1

3%

BPS-499002310016500830BPS-02-11

5%

BPS-5102602526017760890BPS-12-22

8%

BPS-6102602742019020950 
BPS-71026029290201401010 
BPS-81138031480214301070 
BPS-91177033670227201140 
BPS-101216036160241601210 
BPS-111257038970257701290 
BPS-121332042120277202220 
BPS-131426045760300102400 
BPS-141518050280327302620 
BPS-151612056020360702890 
BPS-161891064510417103340 
BPS-173037076370533704270 
BPS-183835095750670505360 
BPS-1959210120210897107180 
BPS-20690901322301006608050 
BPS-21767201467201117208940 
BPS-22823801645601234709880 

The deductions from the pay of employees on the 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 (expect extraordinary leave without pay) or during the training period.

(Muhammad Shahid Ahmed Ch.)

Deputy Secretary (R-III)

Phone: 9245839

New Revised GP Fund Schedule Rates 2017 Notification by Finance Division Regulations Wing Islamabad Letter Dated 24-07-2017 Government of Pakistan

New Revised GP Fund Schedule Rates 2017 Notification by Finance Division Regulations Wing Islamabad Letter Dated 24-07-2017 Government of Pakistan

New Official Revised GP Fund Schedule Rates 2017 Notification by Finance Division Regulations Wing Islamabad Letter Dated 24-07-2017 Government of Pakistan