Notification KPK GP Fund Interest Rates (Mark-Up Rates) 2023-24

Government of Khyber Pakhtunkhwa, Finance Department issued a Notification on 04-09-2024 in connection with KPK GP Fund Interest Rates 2023-24. The KP Government also followed the Federal Government for issuing Mark-up Rates on the General Provident Fund (GP Fund) for the 2023-24 fiscal year. This Year Kp Government announced mark-up rates @ 13.97% while the previous year these rates were 14.22%. The federal Govt also issued the same rates. The details are as follows:

Notification Contributory Pension Fund Scheme (CPFS) 2024 Federal for New Entrants

Government of Pakistan, Finance Department issued a Notification on 20-08-2024 in connection with Contributory Pension Fund Scheme 2024 Federal for New Entrants Govt Employees. The New Pension Scheme 2024 is a newcomer to the Federal Government. This Notification is not for Federal Government employees who are already working before 01-07-2024. This new CPFS 2024 is also for the Army personnel but it will take effect from 1st July 2025 for them. Government employees will share 10% of their basic pay while the Government will share 20% of the Basic Pay of the employees to the contributory fund. The details are as follows: