Government of Pakistan, Finance Division (Budget Wing) issued a letter regarding Rate of Markup on State Provident Fund i.e. General Provident Fund for the Fiscal Year 2018-19.
I am directed to convey that the rate of mark-up on State Provident Fund i.e. General Provident Fund (GP Fund) for the fiscal year 2018-19 is as under:-
- Fiscal Year 2016-17 Rate of Markup 11.30%
- Fiscal Year 2017-18 Rate of Markup 11.70%
- Fiscal Year 2018-19 Rate of Markup 14.35%