Govt decides to revise policy on provident fund

Islamabad: The federal government has decided to revise policy on general provident fund.

According to details, the Finance division has asked the Auditor General of Pakistan to share the special audit of provident funds maintained by offices of CAO (MoFA), Pak PWD, PPOD, MAG, GSP, CDNS, PAk. Mint and Pakistan Railway for further policy consideration on general provident fund.

The Finance division vide letter dated September 8, 2020 had requested to conduct a special audit of provident funds maintained by officers of AGPR, CAO (MoFA), Pak PWD, PPOD, MAG, GSP, CDNS, PAk. Mint and Pakistan Railway.

The office has received special audit reports on general provident fund of central directorate of national savings and draft audit report on general provident fund of Pakistan mint.

The reports of other accounting offices have not been received yet in the Finance division, the letter further stated.

It is requested that concerned field audit offices may kindly be directed to share the special audit reports on general provident fund of offices of AGPR, CAO (MoFA), Pak PWD, PPOD, MAG, GSP, CDNS, Pak Mint and Pakistan Railway for further policy consideration on general provident fund.

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