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State of Rajasthan - Section

Section 12 in RSWC Employees General Provident Fund Regulations, 1990

12. Subscriber's account.

(a)A separate account with separate number shall be opened in the name of each subscriber in which shall be credited/debited.
(i)His subscription:
(ii)Loans & advances paid;
(iii)Loan recoveries:
(iv)the interest as provided in Rule 13 on the balance and monthly subscriptions.
Note. - All items of the accounts shall be calculated to the nearest rupee i.e. 50 paise and above will be rounded off to the next whole rupee and less than 50 paise will be ignored.
(b)A subscription book in form No. 4 shall be supplied to each subscriber by the Corporation free of charge. For issue of duplicate subscription book actual cost of book will be charged. The books shall be returnable at the time of final payment. The amount deducted from his pay each month as subscription to the fund shall be noted in the book by the pay disbursing officer under his dated signatures. For this purpose, the subscriber should present the book to the pay disbursing officer every month.