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Govt of Punjab Fund Interest Rates 2020-21 Pakistan

Government of the Punjab, Finance Department has issued the official Notification letter on 18th August, 2020 in connection with GP fund interest rates 2020-21 Pakistan.

Government of Pakistan, Finance Division has issued Notification on 18-08-2020 in connection with New GP Fund Interest Rates 2019-20 (Rates of Mark-Up) for the Federal Government Employees.

According to the letter the revised Rate of Mark-up on state Provident fund i.e. General Provident fund for the Fiscal year 2019-2020 are as under:

GP Fund Interest Rates 2020-21

“I am directed to convey that the rate of mark-up on State Provident i.e. general provident Fund (GP Fund) for the fiscal year 2019-2020 is as under:-

S.No.Fiscal YearRate of Mark-up
12017-201811.70%
22018-201914.35%
32019-202012.00%

It has been decided to fix the GP fund interest rates upto 12.00% profit rate per annum will apply during the financial year 2019-20 and 2020-21 to the state Provident Fund i.e. General Provident Fund.

GP Fund Interest Rates 2020-21 Pakistan

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