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GPF WITHDRAWAL RULES
General Provident Fund (GPF) withdrawal rules update for govt employees: Check eligibility, how much you can withdrawGPF withdrawal rules: The Department of Pension & Pensioners Welfare (DoPPW) has recently listed out updated withdrawal rules for the GPF s...- Chhattisgarh first state to restore old pension schemeThe Chhattisgarh government, on Thursday, issued a Gazette notification switching back to OPS from NPS. The OPS has become effective from A...
- Govt introduces rules for calculating taxable interest on PF contributions beyond specified limitsTwo separate accounts within the PF account will have to be maintained during 2021-22, and onwards, for segregating the taxable and non-tax...
- Modifications in National Pension Scheme financially untenable: FMManjeet Singh Patel demanded modification in the National Pension Scheme (NPS) so that a large part of the contributory fund, which is curr...
- No proposal to amend GPF rules to permit withdrawal for second house: GovernmentMinister of State for Personnel said that if a government employee has already availed withdrawal from GPF for building or acquiring a hous...
- Central govt staff can now save tax via NPS with only 3-year lock-inThe Finance Ministry announced that contribution made by the central government employees under the Tier-II of NPS will now be eligible for...
- Economy will gain from GPF reforms: GovernmentThe Centre had, on March 7, liberalised GPF rules in a big sop to govt employees, by bringing about changes for withdrawals for education, ...
- General Provident Fund withdrawal: Payments within 15 days nowGovernment employees can also withdraw the fund for select purposes after completing 10 years of service, as against 15 years of service ea...
- Employer cannot demand interest on PF on termination: CourtThe court said such a demand can be made only when the money is withdrawn as loan or advance by employee while in service.
- Taxes Code to be implemented from fiscal 2011-12: PranabGovt plans to implement the DTC from 2011-12 after addressing all concerns relating to controversial proposals like taxation of retirement ...
- Centre may offer pension benefits for the '04 batchThe government may extend benefits of gratuity, family pension and death gratuity.
- BMS blasts new pension schemeThe Bhartiya Mazdoor Sangh (BMS) has attacked the new pension system and the government's decision to set up an Interim Pension Fund Regula...
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