RULE 8 – RATES OF SUBSCRIPTION Rule 8 – Rates of Subscription (1) The amount of subscription shall be fixed by the subscriber himself, subject to the following conditions, namely:- (a) It shall be expressed in whole rupees; (b) It may be any sum, so expressed not less than 6 per cent of his emoluments and […]
RULE 7: CONDITIONS OF SUBSCRIPTION 7. Conditions of subscriptions (1) A subscriber shall subscribe monthly to the Fund except during the period when he is under suspension: Provided that a subscriber may, at his option, not subscribe during leave which either does not carry any leave salary or carries leave salary equal to or less […]
RULE 6 : SUBSCRIBER’S ACCOUNT 6.Subscriber’s Account – An account shall be opened in the name of each subscriber in which shall be shown- (i) his subscriptions; (ii) interest, as provided by Rule 11, on subscriptions; (iii) bonus, as provided by Rule 11-A on subscriptions; and (iv) advances and withdrawals from the Fund.
RULE 5 – NOMINATIONS Nominations – (1) A subscriber shall, at the time of joining the Fund, send to the Accounts Officer through the Head of Office a nomination conferring on one or more persons the right to receive the amount that may stand to his credit in the Fund in the event of his death, […]
RULE 4- CONDITIONS OF ELIGIBILITY 4.Conditions of eligibility : All temporary Government servants after a continuous service of one year, all re-employed pensioners (other than those eligible for admission to the Contributory Provident Fund) and all permanent Government servants shall subscribe to the Fund: Provided that no such servant as has been required or permitted to […]
RULE 3 – CONSTITUTION OF THE FUND 3. Constitution of the Fund: (1) The Fund shall be maintained in rupees. (2) All sums paid into the Fund under these rules shall be credited in the books of Government to an account named “The General Provident Fund”. Sums of which payment has not been taken within […]
RULE 1 – SHORT TITLE AND COMMENCEMENT 1. Short title and commencement.- (a) These rules may be called the General Provident Fund (Central Services) Rules, 1960. (b) They shall be deemed to have come into force on the 1st April, 1960. RULE 2 – DEFINITIONS 2. Rule 2- Definitions.- (1) In these Rules unless the context otherwise requires- (a) […]
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