PROCEEDINGS OF THE COMMERCIAL TAX OFFICER PERIYAKULAM

PRESENT:

ROC.NO. /2019/B2 DATED -04-2019.

SUB: Tamilnadu Government Employees Special Provident Fund-cum-Gratuity

Scheme 1984 – Final payment to Thiru.M.Thangavel formerly Assistant of
this office– Retired on 28-02-2019– sanctioned.

REF: 1. G.O. Ms.No.136(F) Pen., Department dated 29-02-1984

2. Government Finance (Pen.) Letter No.64 PSC/1984
dated 20-03-88
3. Government Letter No.Fin.(Pen.)Department No.177735/P-85-1 dated
08-11-1985.
4. Government Letter Fin. (Pen.) Department 15578/P.86/01
dated 02-01-1987.
5. G.O. Ms.No.694, Fin.(P & A) Fin.(P & A) Department
dated 29-09-87.
6. G.O. Ms. No.694, Fin.(Pen.) Department dated 06-03-90.
7. G.O. Ms.No.609/Fin. (Pen.) Department dated 30-08-93.
8. G.O. Ms.No.357/Fin.(Pen.) Department dated 25-04-94.
9. G.O. Ms.No.62/Fin.(Pen.) Department dated 11-02-97.
10. G.O. Ms.No.429/Fin.(Pen.) Department dated 15-09-2000.
11. G.O.Ms.No.473/Fin. (Pen.) Department dated 17-10-2003.
12. G.O.Ms.No.125/Fin.(All) Department dated 17-04-2003.
*****
ORDER:
Thiru.M.Thangavel formerly Assistant of Office of the Commercial Tax Officer
Periyakulam was retired on 28-02-2019. He was admitted to Tamil Nadu Government
Employees Special Provident Fund-Cum-Gratuity Scheme 1984 with effect from
1.4.1984 and she had contributed the subscription regularly from 01.10.2001 to February
2019.
In exercise of the powers conferred in rule 9B of the TNGE SPF-Cum-Gratuity
rules issued in G.O. Ms.No.607, Finance (Pension) Department dated 10-08-1993 and
G.O. Ms.No.62, Finance (Pension) Department dated 11-02-1997, sanction is hereby
accorded for the drawal of an aggregate amount of Rs.17,555/- (Rupees Seventeen
thousand five hundred and fifty five only) to Thiru.M.Thangavel, formerly Assistant due
to Retired Government Servant as detailed below:-
 ..2..

Subscription (Rs.20 x 148) Rs. 2,960-00

Interest 01.03.2001 to June 2013 Rs. 4,595-00
Government Contribution Rs.10,000-00
-----------------
Total Rs.17,555-00
-----------------
The expenditure is debitable under the following heads of accounts:-
1. Government servant Subscription Debitable in Rs.2,960/-
8031-00-Other Savings Deposits-102-STate Savings Bank Deposits-
AB – Tamilnadu Government Employees Special Provident Fund Cum
Gratuity Scheme-Employees Subscription
(D.P.Code 8031-00-102-AB-0009)

2. Interest Debitable in Rs.4,595/-

8031-00-Other Saving Deposits-102-State Savings Bank Deposits

AC-Tamilnadu Government Employees Special Provident Fund
cum-Gratuity Scheme Interest
(DP Code 8031-00-102-AC-0007)

3. Government Contribution in Debitable in Rs.10,000/-

8031-Other savings Deposits 102-State Bank Deposits-AD Tamilnadu
Govenment Employees Special Provident Fund-cum-Gratuity Scheme
Government Contribution.
(DP Code 8031-00-102-AD-0005).

The above amounts are to be drawn in Separate Bill in T.N.T.C.40a bill form

Commercial Tax Officer

Periyakulam

To
Thiru.M.Thangavel,
Office Assistant (Retired on 28.02.2019)

Copy to the bill.

Copy to the Sub-Treasury Officer, Periyakulam.
 ANNEXURE

1. SL.No. : 1

2. Name and Designation : Thiru. M.Thangavel,

Office Assistant

3. Office to which attached : O/o Commercial Tax Officer

Periyakulam

4. Date of birth : 15.02.1961

5. Date of entry into the service : 23.04.1998

6. Date from which services were

regularized. : 12.08.1992

7. Date from which the Government

servant opted for the scheme. : 01-10-2001

8. Date of retirement : 28-02-2019

9. Period of total amount of SPF

Subscription recovered from the 01.10.2001 to January 2014 148 x 20
individual. : Rs. 2,960-00

10. Interest. : Rs.4,595-00

11. Government Contribution : Rs.10,000-00

12. Total amount eligible. : Rs. 17,555-00

13. In case of death, name and relationship

of the nominee and whom paid : Does not arise.

14. Sanction order No. and date. : Roc /2019 B2 dated

15. Remarks. : Nil.

Commercial Tax Officer

Periyakulam
INTEREST CALCULATION SHEET FOR TAMILNALDU SPECIAL
PROVIDENT FUND CUM GRATUITY SCHEME 1984 IN RESPECT
OF THIRU.M.THANGAVEL WHO IS RETIRED ON 28.02.2019.
Period Rate of Month Principle Interest Total
Interest
Total Amount of Subscription recovered from
01.10.2001 to January 2014 at Rs.20/- per month
in 148 installments and admissible interest as per
Table 2960 2061 5021
01.02.2014 31.03.2014 8.7% 2 5021 73 5094
01.04.2014 31.03.2015 8.7% 12 5094 443 5537
01.04.2015 31.03.2016 8.7% 12 5537 482 6019
01.04.2016 31.06.2016 8.7% 3 6019 131 6150
01.07.2016 30.09.2016 8.1% 3 6150 125 6275
01.10.2016 31.03.2017 8% 6 6275 251 6526
01.04.2017 30.06.2017 7.9% 3 6526 129 6655
01.07.2017 31.12.2017 7.8% 6 6655 260 6915
01.01.2018 31.09.2018 7.6% 9 6915 395 7310
01.10.2018 31.12.2018 8% 3 7310 146 7456
01.01.2019 28.02.2019 8% 2 7456 99 7555
Total 7555
Less: Subscription 2960
Interest 4595

ABSTRACT
Subscription Rs. 2,960/-
Interest Rs. 4,595 /-
Contribution Rs.10,000/-
---------------
Total Rs.17,555 /-
---------------
( Seventeen thousand five hundred and fifty five only)

Commercial Tax Officer

Periyakulam