Demand for Proposals for Group Insurance BPS-01 to BPS-22 from the Insurance Companies for Retired and Service Government Employees has been expressed. The Provincial Welfare Board Government of Punjab is accepting offers/proposals from insurance companies. The insurance companies can present their offers to the provincial welfare board for the 9 Lac group insurance for in-service and retired government employees.
Employee Services
Resolution Rate of Profit 2022-23 on Balances and Deposits GP Fund and Similar
Government of Pakistan Finance Division issued a Notification on 19-07-2023 in connection with the Resolution Rate of Profit 2022-23 on Balances and Deposits GP Fund and Similar. The details are as under:
New Rates of Mark-up on (General Provident Fund) GP Fund 2022-23 KP
Government of Khyber Pakhtunkhwa Finance Department issued a Notification on 13-07-2023 in connection with New Rates of Mark-up on GP Fund 2022-23 KP. The new rates on General Provident Fund Interest for 2023 KP are 14.22%. The details are as under:
Notification New Mark-up Rates of General Provident Fund (GP Fund) 2022-23
Finance Division issued a Notification on 07-07-2023 in connection with Revised New Mark-up Rates of General Provident Fund (GP Fund) 2023. These amended rates of GP Fund are effective from 1st July 2022 to 30th June 2023. These rates of interest on GP Fund are the highest rates in many years,
New Income Tax Slabs 2023-24 for Employees / Salaried Persons
I am sharing here the New Income Tax Slabs 2023-24 for Employees / Salaried Persons. The false news of an increase in taxes for all Government Employee’s salaries is spreading. It is not true as the revised tax rates do not affect all government Employees. It will only impact a specific range of Taxable Salaries. … Read more
Approval of Expenditures from the Provincial Consolidated Fund Punjab
Government of the Punjab Finance Department issued a Gazetted Notification published on 19-06-2023 in connection with the Approval of Expenditures from the Provincial Consolidated Fund Punjab.
Contract for Group Insurance Premium for BPS-01 to BPS-22 Employees UET Lahore
The University of Engineering and Technology Lahore has invited quotations for a Contract for Group Insurance Premium for BPS-01 to BPS-20 Employees. The details are as under: