GP Fund Interest rate 2021-22 for Government Employees
Rate of markup on state Provident Fund / GP (General Provident ) Fund annual interest profit rate for the fiscal Year 2021-22 Government Employees notified. Now the Interest rate is 12.40% per Annual. Remember last year 2020-21, the interest rate on GP Fund was 7.90%. Remember this Markup rate is applicable on all provincial Employees also.
No.P.8(1) G-1/2018-636
Government of Pakistan
Finance Division
(Budget Wing)
Islamabad, the 16th August, 2022
From: Muhammad Hassan,
Section Officer (Borrowing).
Tel:051-9204700
To: The Controller General of Accounts,
Islamabad.
SUBJECT: RATE OF-UP ON STATE PROVIDENT FUND i.e. GENERAL PROVIDENT FUND FOR THE FISCAL YEAR 2021-2022
Dear Sir,
I am directed to convey that the rate of mark-up on State Provident Fund, i.e. General Provident Fund (GP Fund) for the fiscal year 2021-2022 is as under –
|
Fiscal Year |
Rate of Mark-up |
|
2019-2020 |
12.00% |
|
2020-2021 |
07.90% |
|
2021-2022 |
12.40% |
Muhammad Hassan
Section Officer ( Borrowing)
Islamabad
