Ceiling of Rs . 5 Lakh on subscription to General Provident Fund ( GPF ) in a financial year - regarding .

F.No. 3 / 6 / 2021 - P & PW ( F ) 

Government of India Ministry of Personnel , PG & Pensions Department of Pension & Pensioners ' Welfare 3rd Floor , Lok Nayak Bhawan Khan Market , New Delhi - 110 003 dated : 11.10.2022 Office Memorandum 

Subject : Ceiling of Rs . 5 Lakh on subscription to General Provident Fund ( GPF ) in a financial year - regarding .

 In accordance with General Provident Fund ( Central Service ) Rules , 1960 , the amount of subscription to the GPF in respect of a subscriber , shall not be less than 6 % of the emoluments and not more than total emoluments of the subscriber . However , there was no ceiling on the total amount of subscription of a subscriber into his GPF account in a financial year . 

2 . Rules 7 , 8 & 10 of the General Provident Fund ( Central Service ) Rules , 1960 have been amended vide Notification No. G.S.R. 96 dated 15.06.2022 . As per the said Notification dated 15.06.2022 , the sum of the monthly subscription by a subscriber under the GPF during a financial years together with the amount of arrear subscriptions deposited in that financial year shall not exceed the threshold limit ( at present Rupees Five Lakh ) referred to in sub clause ( i ) of clause ( c ) of the Explanation below sub rule ( 2 ) of the rule 9D of the Income Tax Rules , 1962 [ as inserted vide Notification No. G.S.R. 604 ( E ) dated 31.08.2021 of Ministry of Finance , Department of Revenue ( Central Board of Direct Taxes ) ] . 

3. All Ministries / Departments are requested that the above amended provisions of the GPF Rules , 1960 regarding limit of subscription under GPF in a financial year by a subscriber may be given wide publicity to all Government servants and , more particularly , to the personnel dealing with the GPF matters in the Ministry / Department and attached / subordinate offices there - under , for strict implementation . All Ministries / Departments / Organisations ( as per standard list ) ( Vishal Kumar ) Under Secretary to the Govt of India