Share Market Insider

New Rules for GPF and Pension Payment: Ensuring Timely Payments for Retiring Government Employees

Key Changes in GPF and Pension Payment Procedures

The Central Government recently issued new guidelines aimed at improving the disbursement process for the General Provident Fund (GPF) and pensions for government employees. These updates are designed to address long-standing issues surrounding delayed payments, particularly around interest eligibility when payments are delayed after retirement. With a structured approach from preparation to payment, the Department … Read more