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NIT IE/2017/61 GENERAL PROVIDENT FUND / CONTRIBUTORY PROVIDENT UNIFORM OF NOMINATION FIRST SCHEDULE Rule 5 (3) Account No. I, hereby nominate the person(s) mentioned below, who is/are member(s) /nonmember(s)
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Step 1: Obtain the general provident fund application form from the concerned department or employer.
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Step 2: Fill in your personal details such as name, address, contact number, and designation.
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Step 3: Provide your employment details including date of joining, department, and employee code.
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Step 4: Specify the percentage of your basic salary that you want to contribute towards the general provident fund.
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Step 5: Attach any required documents such as salary certificates, identification proof, and bank account details.
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Step 6: Submit the completed application form along with the necessary documents to the concerned department or employer.
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Step 7: Wait for the approval of your general provident fund application.
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Step 8: Once approved, regularly contribute the specified percentage of your salary towards the fund.
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Step 9: Keep track of your general provident fund account through periodic statements or online portals.
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Step 10: Make necessary withdrawals or transfers from the fund as per the rules and regulations.

Who needs general provident fund?

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General provident fund is beneficial for both employees and employers.
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Employees who wish to save for their retirement or any future financial needs can opt for the general provident fund.
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Employers who want to provide a savings and retirement benefit to their employees can also implement the general provident fund scheme.
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It is especially beneficial for individuals seeking long-term financial security and a reliable source of savings.
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General Provident Fund (GPF) is a savings fund scheme for government employees in India, providing them with a lump sum amount at the time of retirement or resignation.
All government employees in India are required to contribute to the General Provident Fund (GPF).
General Provident Fund (GPF) can be filled out by government employees through their respective departments or online portals provided by the government.
The purpose of the General Provident Fund (GPF) is to provide a retirement saving scheme for government employees to secure their financial future.
The general provident fund report must include details of contributions made, interest earned, withdrawals, and the total balance in the account.
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