Rule 38 - GPF Account Number
Original Rule Text
RULE 38- Number of account to be quoted at the time of the payment of subscription
When paying a subscription in India, either by deduction from emoluments or in cash, a subscriber shall quote the number of his account in the Fund, communicated to him by the Accounts Officer. Any change in the number shall similarly be communicated to the subscriber by the Accounts Officer.
What This Means
This rule is about making sure your contributions to the General Provident Fund (GPF) are correctly recorded in your personal account. Whenever you make a payment into your GPF, whether it's taken directly from your salary or you pay it in cash, you must always provide your unique GPF account number.
This account number is given to you by the Accounts Officer. It's like your personal identification number for your GPF savings. If, for any reason, your GPF account number changes in the future, the Accounts Officer will inform you about the new number, and you'll need to start using that new number for all subsequent payments. The main goal is to ensure that all your contributions are accurately linked to your specific GPF account.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Key Points
- 1Every government employee contributing to the GPF must quote their unique account number when making payments.
- 2This requirement applies whether the subscription is deducted from salary or paid in cash.
- 3The official GPF account number is provided to the subscriber by the Accounts Officer.
- 4Subscribers will be notified by the Accounts Officer if their GPF account number changes.
- 5Using the correct account number is crucial for accurate recording of GPF contributions.
Practical Example
Mr. Alok Sharma, a Senior Clerk in the Ministry of Health and Family Welfare, contributes Rs. 5,000 every month to his General Provident Fund. This amount is usually deducted directly from his monthly salary. When the payroll department processes his salary, they ensure that Mr. Sharma's GPF account number, which was communicated to him by the Principal Accounts Officer, is correctly linked to this deduction.
One year, due to a system upgrade, some GPF account numbers were revised. The Principal Accounts Officer promptly sent a circular and individual notifications to all affected subscribers, including Mr. Sharma, informing them of their new GPF account numbers. From that month onwards, Mr. Sharma's payroll deductions were updated to reflect his new account number, ensuring his contributions continued to be credited to the correct fund. If Mr. Sharma ever decided to make an additional voluntary cash contribution, he would also need to explicitly quote this new, updated account number on the payment slip.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Frequently Asked Questions
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This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Test Your Knowledge
Question 1 of 3
According to Rule 38 of the General Provident Fund Rules, what information MUST a subscriber quote when making a GPF contribution in India?