Para 3.12.2 — MSO (Audit)
Original Rule Text
3.12.2 Government Provident Funds within the meaning of the Provident Fund Act, 1925, which are dealt with in the A&E offices, Pay and Accounts offices or the Provident Fund Organisation of the State Governments, and to which the provisions of this chapter are applicable are the following:
(i) General Provident Fund.
(ii) All India Service Provident Fund.
(iii) Contributory Provident Fund.
(iv) Other miscellaneous Provident Funds.
- Source Documents
What This Means
This paragraph lists the types of Government Provident Funds covered by the audit rules. These are funds within the meaning of the Provident Fund Act, 1925, maintained by A&E offices, Pay and Accounts offices, or State Government Provident Fund Organisations. The four types are: General Provident Fund (GPF), All India Service Provident Fund, Contributory Provident Fund (CPF), and other miscellaneous Provident Funds.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Key Points
- 1Covers funds under the Provident Fund Act, 1925
- 2Four types: GPF, All India Service PF, CPF, and miscellaneous PFs
- 3Maintained by A&E offices, Pay and Accounts offices, or State PF organisations
- 4Audit provisions of this chapter apply to all four types
Practical Example
An auditor auditing a Central Government ministry's accounts reviews GPF accounts for regular civil servants and CPF accounts for employees who joined after the CPF scheme was introduced. Both types fall under the Provident Fund Act, 1925, and are subject to the same audit framework outlined in this chapter.
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.
Frequently Asked Questions
What is the difference between GPF and CPF?▼
Who maintains these Provident Fund accounts?▼
This explanation was generated with AI assistance for educational purposes. Always refer to the official gazette notification for authoritative text.