Chandigarh May 9: Haryana Government has made amendment in the Rule 22 (b) of the Haryana Civil Services (General Provident Fund).

This amendment has been made in the Haryana Cabinet which met under the Chairmanship of Chief Minister, Sh. Manohar Lal here today.

According to the Haryana Civil Services (General Provident Fund) Amendment Rules, 2016, in rule 22, for clause (b), the maximum monthly subscription shall be upto basic pay of the subscriber where the sum of the monthly subscription in a financial year together with the amount of arrear subscription deposited in that financial year shall not exceed the maximum limit of Rs. 5 lakh, deduct able in twelve instalments or Rs.41667 per month (subject to maximum limit of five lakh rupees), whichever is less.

It further states that the aforesaid limit shall not be applicable in case of transfer of accumulated standing amount from the New Pension Scheme to General Provident Fund account of an employee who is transferred from New Pension Scheme to earlier applicable pension scheme. Amount deposited by the subscriber against advance (refundable) shall also not be applicable to the aforesaid maximum limit.