GPF A/C for Gr C who has been promoted from Gr.D
October 3, 2012 at 7:03 am #67942
A group D employee has been promoted to Group C and since he was Group D employee his GPF account was issued by our office and has been deducting the GPF accordingly but now he has been promoted to Group C so his GPF number will be allotted by AG, WB office, our office submitted his application for allotment of New GPF number.
Now as his New GPF number yet to be allotted our office did not deduct his GPF subscription for this month and informed until and unless GPF no. is allotted by AG,
his GPF subscription will not be deducted.
So friend kindly let me know whether this procedure is correct and what about subscription which has not been deducted this month or so on…?
Your valuation inputs is highly solicited
Thanking you in anticipation
ShibOctober 3, 2012 at 12:15 pm #74660
Yes. Its the correct procedure. The subscriptions for those months untill the Account number is received may be done as arrear. Its nearly same as opening of a new account number of a newly appointed employee. The difference is only here that the employee need not to wait a year. The subscription should start after receiving of account number. the period to be counted for calculation of the arrear subscription upto the month preceding the month from which his subscription will start. The recovery of the arrear subscription shall run concurrently with the recovery of the monthly subscription. After receiving the Account number, a letter in this regard should be issued to the A.G.W.B. I shall try to provide a sample copy of the same at the earliest.October 3, 2012 at 2:53 pm #74661
I am providing a sample letter which may be sent to the A.G.W.B. after receiving Account No in case of newly appointed employees other than Gr-D. Just edit it as per your requirement. I have also enclosed a sample in excel.
By the way, our admin nemo is a nice editor, he should have a try in Bollywood
OFFICE OF THE XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
No: Dated, ………………………………….
To: The Principal Accountant General (A & E)
West Bengal, G.I.Press Building.
8, Kiran Shankar Ray Road,
With reference to your No………………. Dated………………….., I am to state that deduction of GP.Fund contribution from the salary of the employees who have been alloted A/c Numbers as shown in the enlosed list are being made from the salary for the month of…………..
The recovery of the arrear subscription as applicable in case of any of the aforesaid employees shall be made in equal monthly instalments @ 6% of their monthly emoluments. As they were to subscribe to the G.P.Fund on completion of one year continuous service, there arrear subscription will be calculated @ 6% of the monthly emoluments drawn by them on completion of one year service from the date of their appointment. The period to be counted for calculation of the arrear subscription upto the month preceding the month from which their current subscription are being deducted. The recovery of the arrear subscription in each case shall run concurrently with the recovery of the monthly subscription.
In view of the above, I would like to request you to ensure that the arrear subscription so deducted are duly credited along with normal subscription to their respective G.P.F. Account.
Sign of the H.O.O.October 4, 2012 at 8:08 am #74678
Dear Somnath da
Thank you very much for providing me such a valuable information, but da if u kindly elaborate me how should i adjust his two months GPF subscription by arrear, his monthly subscription is Rs 5,000/- and Total arrear will be Rs. 10,000/- for two months subscription.
ShibOctober 4, 2012 at 11:31 am #74679
The total subscription per month will be Rs. 10000 including arrear of Rs. 5000. You have to write down the matter in remarks column of T.R. form No. 47 while submitting salary bill. A copy of the aforesaid letter may be attached with the salary bill.October 9, 2012 at 4:23 pm #74747
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