Government of the Punjab, Finance Department has issued Notification on 21-07-2019 in connection with GP Fund Interest Rates 2019 Punjab Government. Detail is as under:
I am directed to refer to this department’s letter of even number dated August 07, 2018 on the subject cited above and to state. It has been decided that 14.35% profit rate per annum will apply during the financial year 2018-19 to the state Provident Fund i.e. General Provident Fund. This rate, however, would not apply in the case of subscribes who are entitled, under the rules of a particular fund, to different rates of interest.
Special thanks to Mr. Zahid Khan for sending the copy of the Notification of GP Fund Interest Rates 2019 Punjab Government. It is to mention here that GP Fund Interest Rates 2019 by Sindh and Federal Government has already been issued.