Our friend Mr. Atta Ul Haq Bhatti has shared for your benefit Grade 1 to Grade 22 GPF ratio of deduction (Revised Pay Scale 2011 wise). The chart is given below in this regard. The B.F. (Benevolent Fund) deduction is 3% at the running basic pay. While G.I. (Group Insurance) and GPF are different in ratio as per Revised Basic Pay Scales 2011. See the details below about GPF in first column the Grade (BPS) is mention and right in-front of it the amount deduction in Pakistani Rupees:
BPS (Grade) Amount
BPS-1—@Rs=212. BPS-2—@Rs=373. BPS-3—@Rs=403. BPS-4—@Rs=433. BPS-5—@Rs=465. BPS-6—@Rs=498. BPS-7—@Rs=530. BPS-8—@Rs=563. BPS-9@Rs=595. BPS-10@Rs=635. BPS-11—@Rs=675. BPS-12—@Rs=1160. BPS-13—@Rs=1260. BPS-14—@Rs=1372. BPS-15—@Rs=1520. BPS-16—@Rs=1760. BPS-17—@Rs=2240. BPS-18—@Rs=2800. BPS-19—@Rs=3760. BPS-20—@Rs=4196. BPS-21—@Rs4656. And BPS-22—@Rs=5148.
Remember these are the new rates and implemented since July-2011. Due to increase in GFP, BF and GI you may see some ups and down in your net pay. Do not worry as this amount of GPF is all yours; just like a committee (GPF isi tarah say hay jaisay hum comatti dalaty hain). You can with draw a portion of it when ever you need it. Gazetted officers (BPS-16 to BPS-22) are themselves DDO in this regard. While Non Gazetted Officer has to apply thorough his/her Head Teacher/ department head.
If you have any question or want any detail, please do ask and don’t forget to comment. Please also appreciate the sharing of our friend Atta Ul Haq and all other who are contributing day and night to this blog for the benefit of others. اللہ ہمیں آسانیاں بانٹنے کی طاقت دے۔آمین
Sir g bohat bohat shukriya pakeducator aur Atta sb ka. lakin Sir g July 2011 k baad ki bhi pay ka batain. Faisal to aa he jai ga. انشااللہ فیصلہ ہمارے حق میں ہوگا۔ سر بڑی مہنگائی ہے
sir g suna ha k 45 se age ziada ho tu GPF advance return nai karna hota. and above 16 ko b headmaster se forward kra k aply krna hota ha. is it corect
yes dear, correct.Dear 16 Gazetted and above have their record of GPF at account office. Head Teacher just forward it. As a part of process.
dear sir,
Agar hum GP Fund non refund able niklawana cheay to kitany persent nikal sakty hein aur zaqat k katoti na ho is k liy kia process hai. sir financial 2010-2011 ka GP Fund k profit ratio kia hai.
Dear about 80% nikalwa saktay hain. Zakat app khud dana chatay hain tu declaration 20 rupay ka ustaam pay jama kawa dain. 16.3%
please send me a draft if we want not deduction of zakat on GP fund and when we submit declaration ?? at the time when final payment on retirement or when in service???
any government office order regarding subject???
SIR ACCORDING TO RULE G.P FUND ADD IN YOUR’S ACCOUNT WITH A CONTRIBUTION OF SMAE AMOUNT THAT IS DEDUCTED FROM YOUR’ PAY BY THE ISTITUTE IT IS VALID FOR TEACHERS OR NOT.
Yes. Teachers are given commutation also.
Thanks for the strategies presented. One thing I additionally believe is credit cards giving a 0% monthly interest often appeal to consumers together with zero rate, instant authorization and easy online balance transfers, nonetheless beware of the top factor that will void that 0% easy road annual percentage rate plus throw one out into the terrible house in no time.
Thanks for the strategies presented. One thing I additionally believe is credit cards giving a 0% monthly interest often appeal to consumers together with zero rate, instant authorization and easy online balance transfers, nonetheless beware of the top factor that will void that 0% easy road annual percentage rate plus throw one out into the terrible house in no time.
Thank you Sir,
Please edit in Government servant General Provident Fund Interest Rates List for calculation of GP Interest applied current fiscal year. e.g In 1999 year Interest Rate 18.50& suppose. Its kind of Interst list edit this site.
Best Regards