Notification of Revised GP Fund Subscription Rates 2022, New GP Fund Deduction Rates 2022
Notification of Revised GP Fund Subscription Rates 2022, New GP Fund Deduction Rates 2022

Notification of Revised GP Fund Subscription Rates 2022

Government of the Punjab Finance Department has notified that the General Provident Fund deduction has been increased for the Punjab Government Employees. According to the notification No.FD.SR-IV/2-22/2020 on dated: 17th October, 2022 following wording is mentioned in the notification.

Click here: December Annual Increment Download Chart Here

In exercise of the powers conferred under section 23 of the Punjab Civil Servants Act, 1974 (VIII of 1974), Governor of the Punjab is pleased to make the following amendment in the Punjab General Provident Fund Rules, 1978, with immediate effect.

New GP Fund Deduction Rates 2022

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

Click Here: Government Revised Pay Scale Chart 2022

  1. The subscriber shall pay monthly subscription according to the Basic Pay scale mentioned in Column 1 of the table at the rate mentioned in column 2 thereof:
Basic Pay ScaleRate of Monthly Subscription (Rs.)
BPS - 1600
21060
31150
41230
51330
61420
71500
81600
91700
101800
111920
123300
133570
143900
154290
164960
176350
187960
1910,660
2011,950
2113,260
2214,660

New GP Fund Deduction Rates 2022 Effect From

  1. The deduction on the basis of the rates mentioned above shall be made with effect from the pay for October 2022 payable on 1st November 2022.
  2. The subscription shall not be suspended or postponed during training or leave except in case of extraordinary leave without pay.

Download the GP Funds Increased Notification Here

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Notification of Revised GP Fund Subscription Rates 2022, New GP Fund Deduction Rates 2022
Notification of Revised GP Fund Subscription Rates 2022, New GP Fund Deduction Rates 2022
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