GNCT of Delhi GPF Slip 2023 or GNCT of Delhi GPF Statement 2023 will be released by the Integrated Financial Management Information System, Delhi Government on its official website, https://ifms.delhi.gov.in/.
GNCT of Delhi Government Employees who are working in various Departments can check details and download the Employee GPF Account Slip from the IFMS Delhi portal or android app by using login details.
If you are a government employee in the National Capital Territory (NCT) of Delhi, one of the most important benefits you receive is the General Provident Fund (GPF).
It is a retirement savings scheme that is available to all government employees, including those working for the Government of National Capital Territory (GNCT) of Delhi.
The GPF scheme allows you to save a portion of your salary each month, which is then matched by your employer. This money is then invested and earns interest, helping you build a sizable nest egg for your retirement.
To keep track of your contributions and the interest earned, the GNCT of Delhi provides employees with a GPF statement each year.
In this page, we will provide you with all the information you need to know about the GNCT of Delhi Employee GPF Statement 2023, including what it is, how to check it, and what to do if there are any discrepancies.
What is GPF?
GPF stands for General Provident Fund, which is a retirement savings scheme available to government employees in India. The scheme is governed by the Provident Fund Act, 1952, and is managed by the government’s finance ministry.
The GPF is a contributory fund, meaning that both the employee and the employer make regular contributions to it.
|Name of the Slip||Delhi GPF Statement 2023|
|Title||Download Delhi GPF Annual Statement 2023,|
|Subject||The IFMS released Delhi Employee GPF Statement 2023|
|Delhi GPF Slip||https://gpf.delhi.gov.in/|
What is the GNCT of Delhi Employee GPF Statement?
The GNCT of Delhi Employee GPF Statement is a record of the contributions made by the employee and the employer to the employee’s GPF account. It also shows the interest earned on those contributions. The statement is usually issued at the end of each financial year, which runs from April 1st to March 31st.
IFMS Delhi Mobile App
The Government of National Capital Territory of Delhi has decided to introduce a mobile application called IFMS Delhi Mobile App, which will provide a convenient way for its employees to access their Salary Slip and Annual GPF Statement.
After successful registration, employees can effortlessly view their Salary Slip for any selected month and year through the app. In addition, the IFMS Delhi Mobile App will allow employees to access their Annual GPF Statement, which includes information on monthly contributions, withdrawals, refunds, and interest calculations. Moreover, the app also enables employees to view their personal profile.
Understanding Your GNCT of Delhi Employee GPF Statement 2023
A GPF statement is a document that provides a detailed summary of your GPF contributions and interest earned during a financial year. The statement is issued by the GNCT of Delhi and is available to all government employees who contribute to the GPF scheme.
The GPF statement is an important document as it helps you keep track of your retirement savings and ensures that you receive the correct amount of money when you retire. Your GNCT of Delhi Employee GPF Statement 2023 will contain the following information:
- Opening balance: This is the balance that was carried forward from the previous financial year.
- Subscription: This is the amount that you have contributed to your GPF account during the financial year.
- Interest: This is the interest that has been earned on your GPF contributions during the financial year.
- Advances/Withdrawals: This section will show any advances or withdrawals that you have taken from your GPF account during the financial year.
- Closing balance: This is the balance that will be carried forward to the next financial year.
GNCT of Delhi GPF Statement 2023 Download
The GPF statement is an essential document for government employees who have a GPF account. It provides them with the necessary information about their savings and helps them plan their retirement. The process of downloading the Delhi Employee GPF Account Slip 2023 is simple and can be done online. Follow the steps given below:
Visit the official website
GNCT of Delhi Government Employees must visit the official website of the GNCT of Delhi Government (https://delhi.gov.in/).
Click on IFMS link
Once you reach the official website, click on the IFMS Delhi link on the home page.
Click on GPF System link
After clicking on that link, Integrated Financial Management Information System, IFMS Delhi website (https://ifms.delhi.gov.in/) will be opened. Now, click on Delhi GPF System link.
Enter login details
After that, Delhi GPF System login web page (https://gpf.delhi.gov.in/) will be opened. Now enter login details and click on the submit button.
Download GPF Statement
Select “GPF Statement” from the drop-down menu. Your GPF slip for the month will be displayed on the screen. You can download and take a printout of the GPF account slip for your records.
What to Do if There are Discrepancies in Your GPF Statement
If you find any discrepancies in your GNCT of Delhi Employee GPF Statement for 2023, you should immediately bring it to the notice of your employer. Your employer will then verify the discrepancy and make the necessary corrections. In case of any further queries or concerns, you can contact the GPF section of your employer’s finance department.
How to Calculate Your GPF Balance
To calculate your GPF balance, you can use the following formula: GPF Balance = (Opening Balance + Total Subscription + Total Interest) – (Total Withdrawals + Closing Balance)
Here, Opening Balance refers to the balance at the beginning of the financial year, Total Subscription refers to the total amount contributed by the employee and the employer during the year, Total Interest refers to the interest earned on the contributions, Total Withdrawals refers to the total amount withdrawn during the year, and Closing Balance refers to the balance at the end of the financial year.
Benefits of GPF
The GPF scheme offers several benefits to government employees, such as:
- It provides a retirement corpus to the employees, which they can use after their retirement.
- The contributions made to the GPF are tax-free, up to a certain limit.
- The interest earned on the contributions is also tax-free.
- The GPF balance can be withdrawn in case of an emergency, such as medical expenses, education expenses, etc.
Frequently Asked Questions (FAQs)
What is the minimum contribution required for GPF?
The minimum contribution required for GPF is 6% of the basic salary of the employee.
Can I withdraw my entire GPF balance before retirement?
No, you cannot withdraw your entire GPF balance before retirement. Only a certain percentage of the balance can be withdrawn for specific purposes.
Can I transfer my GPF account to another employer?
Yes, you can transfer your GPF account to another employer if you change your job.
What is the rate of interest on GPF contributions?
The rate of interest on GPF contributions is decided by the government and is usually higher than the prevailing bank interest rates.
Is GPF available to all government employees?
No, GPF is not available to all government employees. It is usually available to employees who are appointed on a permanent or temporary basis and are eligible for pension benefits.
Can I access my GNCT of Delhi Employee GPF Statement 2023 online?
Yes, you can access your GNCT of Delhi Employee GPF Statement 2023 online by visiting the official website of the AG Office of Delhi.
How often is the GNCT of Delhi Employee GPF Statement issued?
The GNCT of Delhi Employee GPF Statement is issued once a year.
In conclusion, the GNCT of Delhi Employee GPF Statement is an essential document for government employees to keep track of their retirement savings. By regularly checking the statement and ensuring that all contributions and interest earned are correctly reflected, employees can secure their financial future and have peace of mind.