Ceiling of Rs. 5.00 Lakhs for GPF subscription: CGDA
Office of Controller General of Defence Accounts
Ulan Batar Road, Palam, Delhi Cantt.- 110010 e-mail: [email protected]
Subject: Ceiling of Rs. 5.00 Lakhs for GPF subscription – regarding.
Please find enclosed Ministry of Personnel, PG & Pensions, Department of Pension & Pensioners’ Welfare OM No. 3/6/2021-P&PW(F) dated 11/10/2022.
2. The contents of the circular may please be given wide publicity among the GPF subscribers and Units for strict compliance.
3. As instructed therein, the sum of monthly GPF subscriptions for FY 2022-23 cannot exceed Rs. 5.00 Lakhs. Therefore. further deduction beyond Rs 5 Lakh may be stopped forthwith.
4. For the next FY 2023-24, monthly GPF subscription should be regulated as per Rule 8(i) sub-clause (b) and in such manner that the sum of the subscription does not exceed the limit of Rs 5 Lakh, mentioned in DP&PW OM dated 11.10.2022 or any other amount as notified by the Government.
5. Please acknowledge receipt.
This issues with the approval of Addl. CGDA (SGD).
Encl: As above
Accounts Officer (Fund Cell)