General Provident Fund definition

General Provident Fund means a fund in which subscriptions of a Government employee are received and held in his individual account. It includes interest on such subscriptions admissible under the rules of the Fund;
General Provident Fund means the fund established under rule 9 of these rules;
General Provident Fund means the Provident Fund in with only the employee subscribes, but the university does not subscribe.

Examples of General Provident Fund in a sentence

  • In case of delay in payment of intermediate bills after 30 days of submission of bill by the contractor, provided the bill submitted by the contractor found to be in order, a simple interest @ prevailing rate of interest of General Provident Fund shall be paid to the contractor from the date of expiry of prescribed time limit.

  • Having known the above fact at 13 above the party of the first part also agreed that, the University will not extend the General Provident Fund Scheme by the University, which is being extended to the other teachers in view of the Appointment of the first part after 01.09.