Government of Sindh, Finance Department has issued Notification on 02-08-2019 in connection with Mark up on GP Fund Rates 2018-19 Sindh . Detail is as under:
I am directed to refer to the subject above and to convey that the rate of profit / mark-up on state provident fund ie. General Provident Fund is 14.35 per annum for the financial year 2018-19.
It is to mention here that Federal Government of Pakistan has also announced same rate of interest of the GP Fund for Federal employees for the financial year 2018-29. The same notification was issued on 23rd July 2019.