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Government of Pakistan, Finance Division has issued a Notification on 18-11-2021 in connection with Revised Rates of Profit GP Fund 2019-20 and 2020-21 on General Provident Fund and similar other funds. The details are as under:

Ministry of Finance Pakistan has launched an Easy and Interest Free Loan under Kamyab Pakistan.  These loans are for 37 lac (3.7 million) families having limited resources. The total amount allocated for these interest-free loan schemes is 1400 Arab.

Government of Sindh, Finance Department has issued a Notification on 17-08-2021 in connection with GP Fund Interest Rates Sindh 2020-21. These rates are the lowest in many decades. The employees will get only a 7.90% interest rate on the GP…