Amendments in GP Fund Rules

Amendments in GP Fund Rules

Notification

No. FD.SR.I/2-1/95 (P) dated 16-08-2017

In exercise of the powers conferred under section 23 of the Punjab Civil Servant Act, 1974 )VII of 1974) Governor is pleased to direct that in Punjab General Provident Fund Rules, 1978 the following further amendment shall be made.

Amendment

In the Punjab General Provident Fund Rules, 1978 in rule 1.10 for sub rule (1) the following shall be substituted.

*(1) The subscriber shall pay monthly subscription according to basic pay scale mentioned in column 1 of the Table at the rate mentioned in the column 2 thereof.

Basic Pay Scale Rate of Monthly

Subscription

(Rs.)

01 400
02 710
03 770
04 830
05 890
06 950
07 1010
08 1070
09 1140
10 1210
11 1290
12 2220
13 2400
14 2620
15 2890
16 3340
17 4270
18 5360
19 7180
20 8050
21 8940
22 9880

 

Note:

a)   The deductions on the basis of the rates mentioned above shall made with effect from the pay

August, 2017 payable on 1st September, 2017.

b)   The subscription shall not be suspended or postponed during training or leave except  in case of

extraordinary leave without pay.

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