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ISLAMABAD: The Finance Ministry has notified that the rate of markup on state provident fund, ie, general provident fund for the fiscal year 2023-24 is 13.97 percent.

The notification issued by the Finance Division stated that the rate of markup on state provident fund, ie, general provident (GP Fund) for the fiscal year 2023-24 is 13.9722 percent.

The rate for 2021-22 was 12.40 percent and for 2022-23 it stood at 14.22 percent, the notification added.

Copyright Business Recorder, 2024

Comments

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Asma azeem Sep 04, 2024 10:43am
kindly share the news when provinces implement on this notification and issue the letter regarding grant of markup gp fund
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Niaz Ahmed Sep 10, 2024 04:57pm
Sir, Kindly share MAG Notification regardinf GP FUND markup, please.
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