Employees’ Provident Funds (Amendment) Scheme, 2019

Apr 08, 2019 | by Avantis RegTech Legal Research Team


The Ministry of Labour and Employment on April 04, 2019, has issued the Notification to further amend the Employees’ Provident Funds Scheme, 1952. The Central Government issues the Employees’ Provident Funds (Amendment) Scheme, 2019. It will come into force on the date of its publication in the Official Gazette that is on April 04, 2019.

The amendments made are:

•For the Paragraph 55 of Employees’ Provident Funds Scheme, 1952, which specifies “Form and manner of maintenance of accounts”, the following paragraph shall be substituted, namely:

“Form of accounts:- The accounts of the Employees’ Provident Funds and the Employees’ Provident Administration Account shall be maintained by the Commissioner in such form and in such manner as may be specified by the Central Board with the approval of the Central Government.”

•The Forms 10 and 11 has been omitted.

[Notification No.G.S.R. 284(E)]

Click here to download the Notification.

 


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