സ്ത്രീകള്‍ എങ്ങിനെ വസ്ത്രം ധരിക്കണം എന്ന് പുരുഷന്‍ നിഷ്ക്കര്‍ഷിക്കുന്നത് ശരിയോ? അല്ലെങ്കില്‍ തിരിച്ചും?

Sunday, November 27, 2011

Know About General Provident Fund (GPF)

The GPF Subscription of an employee of the Central Government is governed by General Provident Fund (Central Services) Rules 1960



1.What constitutes ‘Family’ for the purpose of GPF Rules?

a.In the case of a male subscriber, the wife or wives, children, the widow or widows and children of a deceased son of a subscriber.
b.In the case of a female subscriber, the husband, children, the widow or widows of deceased son of a subscriber.
A female subscriber can exclude her husband from the list of Family Members

2.Is an adopted child a member of the family?


Yes, if under the personal law of the subscriber, the adoption is legally recognized.

3.Who is eligible to join the Fund?

a.Subscription to the Fund is compulsory for all Government servants who joined before 1-1-2004.

4.What is the minimum amount of subscription?


6 % of pay for the month of March of the preceding year.

5.What is the maximum limit of subscription?

Not more than the emolument (for the month of March of the preceding year).

6.Can the subscriber alter the rate of subscription?

Yes. The rate can be increased twice and / or decreased once at any time during the course of the year and the amount of subscription so fixed shall remain unchanged during the year provided that the revised subscription conforms to the minimum and maximum limits.

7. How many GPF Accounts can a subscriber have?

Unlike insurance policies, a government servant can have only one G.P.Fund Account.

8. How is subscription to GP Fund recovered?

a. When emoluments are drawn from a government exchequer, recovery of subscriptions and advances shall be made from the emoluments themselves.
b. In the case of a subscriber on deputation to a body corporate owned or controlled by Government, the subscription shall be recovered and forwarded to the Pay and Accounts Officer by such body.

9.When can a subscriber stop subscription to the Fund?

Subscriptions to the Fund shall be stopped 3 months prior to the date of retirement of the subscriber. Subscription shall be stopped during suspension, and at his option during half pay leave / leave without pay and dies-non.

10.Why should a subscriber make a nomination?

By making a nomination, the subscriber can confer on one or more persons of his / her family, the right to receive the amount that may stand to his credit in the Fund in the event of his/her death before the that amount has become payable or having become payable has not been paid. The subscriber can cancel a nomination any time by sending a notice in writing to the D.D.O.

11.Can a subscriber nominate more than one person?

Yes, but the subscriber should specify the share payable to each nominee in such a manner as to cover the whole of the amount that may stand to his credit in the Fund.

12.When does GPF amount become finally payable?

The GPF amount to the credit of a subscriber becomes finally payable on quitting Government Service.

13.Can any amount other than subscriptions and refund be credited to the GPF?

Unless specifically provided for by the Government no amounts like Leave Salary Encashment, Pay Arrears etc., can be credited to the GPF.

14.How GPF Balances authorised when subscriber reported as missing?

After Lapse of one year from the date of FIR filed with police, GPF Balance shall be eligible to the nominees as filed by the subscriber.

15.Can a Subscriber nominate any person other than a family member?

At the time of making the nomination, if the subscriber has a family, the nominationcannot be made in favour of any person other than a family member.

16. What are the purposes for which advance from GPF can be sanctioned ?

Medical treatment of the subscriber or his dependent.
Higher education of subscriber or dependant in specified academic*, medical, engineering, technical or scientific process.
Marriages, funerals or other ceremonies.
Legal action faced by the subscriber or dependants except where the subscriber has initiated legal proceedings against Government challenging conditions of service, penalty etc.
Legal fee for defending himself against official enquiry for alleged official misconduct.
Purchase of consumer durable like TV, VCR, Computer, etc.

17. Who can sanction an advance?

The Head of Office may sanction the payment to any subscriber of an advance consisting of a sum of whole rupees and not exceeding in amount three months’ pay or half the amount standing to his credit in the Fund, whichever is less.
In special circumstances, advance above 50% of balance may be sanctioned, considering the status of the subscriber and the purpose mentioned at 16 for which the advance is sanctioned by the Head of the Department.The Head of the Department may also sanction the another advance before repayment of the last installment of any previous advance.

18. Can advance be sanctioned to a subscriber who is under suspension?

Yes, if he agrees in writing that recovery can be effected from his subsistence allowance.

19. When and how can a Part Final Withdrawal be allowed?

Part Final Withdrawal may be sanctioned by the authorities competent to sanction advance for special reasons, at any time after the subscriber completes 15 years of service or within 10 years before retirement, whichever is earlier and

20. What are purposes for which Part Final Withdrawal is allowed?

Part Final Withdrawal is admissible to meet the expenditure in connection with :
Medical treatment of the subscriber or his dependent ;
Higher education in specified academic*, medical, engineering, technical or scientific courses of the subscriber or his dependent
Betrothal or marriage of children or any other dependent female relative;
Acquisition or construction of residential house (including cost of site), repayment of loan taken for the purpose and reconstruction or making additions or alteration to a house already owned or acquired;
Payment of an installment (other than monthly installment) to a Housing Board/Society towards cost of a house/flat subject to the limit specified in Rule and production of approved plan;
Acquisition of farm land and/or business premises before six months from the date of retirement;
Purchase of consumer durable such as TV, VCR, Computer etc.
Purchase of a motor car or repayment of loan taken for that purpose.

21. How many withdrawals are allowed for the same purpose?

Only one. Marriage, education or illness of different children will not be treated as same purpose. Betrothal and marriage of the same child/female dependent are treated as different purposes. PFW for higher education, subject to monetary limits specified, may be permitted every year for the same purpose.

22.Can a subscriber draw both an advance and withdrawal for the same purpose?
No.

Source : http://tkbsen.com/

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