Government of Pakistan, Finance Division has issued the official Notification letter in the matter of Markup Rate on State Provident Fund 2018-19 i-e general provident fund for the Fiscal year 2018-19.
Read More: Rate of Markup on GP Fund 2018-19
I am directed to refer to this department’s letter of even number dated August 07, 2018 on the subject cited above and to state that it has been decided that 14.35% profit rate per annum will apply during the financial year 2018-2019 to the State Provident Fund i.e. General Provident Fund.
This rate, however, would not apply in the case of subscribers who are entitled, under the rules of a particular fund, to different rate of interest.