Rate Of Mark-up On State Provident Fund i.e. General Provident Fund For The Fiscal Year 2022-23

GOVERNMENT OF KHYBER PAKHTUNKHWA
FINANCE DEPARTMENT

No.  4-20(F/L)FD/2012/Vol-IV                                                                      

13^th July, 2023

The Accountant General

Khyber Pakhtunkhwa, Peshawar

Subject: –     RATE OF MARK-UP ON STATE PROVIDENT FUND I.E. GENERAL PROVIDENT FUND FOR THE FISCAL YEAR 2022-23

Dear Sir,

                I am directed to refer to the Finance Division Government of Pakistan letter No F.8(1)GS-1/2018-1539 dated 07.07.2023 on the subject noted above and to convey the following rates of mark up on State Provident Fund (G.P.Fund) fixed by the Federal Government for the fiscal years noted against each, for its adoption and further necessary action:-

Fiscal Year	Rate of Mark up
2020-21	07.90%
2021-22	12.40%
2022-23	14.22%

Yours faithfully,

Budget Officer (Funds/Loans)