Government of Khyber Pakhtunkhwa Finance Department has issued Notification on 27-07-2018 in connection with GP Fund Interest Rates 2017-2018 KPK. Detail is as under:
I am directed to refer to the Finance Division Government of Pakistan letter No. F.8(1) GS-I/2018-1243 dated 19.07.2018 on the subject noted above and to convey the following rates of mark up on State up on State Provident Fund (G.P. Fund) fixed by the federal Government, for its adoption and further necessary action: –
Year | Rate of Mark up |
2015-16 | 11.10% |
2016-17 | 11.30% |
2017-18 | 11.70% |
It is to mention here that Notification of Mark Up Rates GP Fund 2017-18 has already been issued by the Federal Government on 19-07-2018.