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Employees Provident Funds Miscellaneous Provisions Act, 1952

Section 2 Definitions

Section 2A Establishment to include all departments and branches

Section 3 Power to apply Act to an establishment which has a common provident fund with another establishment

Section 4 Power to add to Schedule I

Section 5 Employees’ Provident Funds Scheme

 

 

Section 5A   Central Board

Section 5AA  Executive Committee

Section 5B  State Board

Section 5C  Board of Trustees to be body corporate

Section 5D  Appointment of officers

Section 5DD  Acts and proceedings of the Central Board or its Executive Committee or the State Board not to be invalidated on certain grounds

Section 5E  Delegation

 

 

Section 6  Contributions and matters which may be provided for in Schemes

Section 6A  Employees Pension Scheme

Section 6C  Employees Deposit-linked Insurance Scheme

Section 6D  Laying of Schemes before Parliament

Section 7  Modification of Scheme

Section 7A  Determination of moneys due from employers

Section 7B Review of orders passed under Section 7A

Section 7C Determination of escaped amount

Section 7D Employees’ Provident Funds Appellate Tribunal

7E Term of office

Section 7F Resignation

Section 7G Salary and allowances and other terms and conditions of service of Presiding Officer

Section 7H Staff of the Tribunal

Section 7I Appeals to the Tribunal

Section 7J Procedure of Tribunals

Section 7K Right of appellant to take assistance of legal practitioner and of Government, etc., to appoint presenting officers

Section 7L Orders of Tribunal

7M Filling up of vacancies

Section 7N Finality of orders constituting a Tribunal

Section 7O Deposit of amount due, on filing appeal

Section 7P Transfer of certain applications to Tribunals

Section 7Q Interest payable by the employer

Section 6  Contributions and matters which may be provided for in Schemes - Employees Provident Funds Miscellaneous Provisions Act, 1952

What is the meaning of Contributions and matters which may be provided for in Schemes? Section 6 of Employees Provident Funds Miscellaneous Provisions Act, 1952

 

  Contributions and matters which may be provided for in Schemes is defined under section 6 of Employees Provident Funds Miscellaneous Provisions Act, 1952. Provisions under Section 6 of EPF Act 1952 is :

Section 6 of Employees Provident Funds Miscellaneous Provisions Act, 1952 "Contributions and matters which may be provided for in Schemes"

The contribution which shall be paid by the employer to the Fund shall be ten percent. Of the basic wages, dearness allowance and retaining allowance, if any, for the time being payable to each of the employees whether employed by him directly or by or through a contractor, and the employee‟s contribution shall be equal to the contribution payable by the employer in respect of him and may, if any employee so desires, be an amount exceeding ten percent of his basic wages, dearness allowance and retaining allowance if any, subject to the condition that the employer shall not be under an obligation to pay any contribution over and above his contribution payable under this section:

Provided that in its application to any establishment or class of establishments which the Central Government, after making such inquiry as it deems fit, may, by notification in the Official Gazette specify, this section shall be subject to the modification that for the words “ten percent”, at both the places where they occur, the words “12 percent” shall be substituted:

Provided further that where the amount of any contribution payable under this Act involves a fraction of a rupee, the Scheme may provide for rounding off of such fraction to the nearest rupee, half of a rupee, or quarter of a rupee.

 

Explanation I – For the purposes of this section dearness allowance shall be deemed to include also the cash value of any food concession allowed to the employee.

Explanation II. – For the purposes of this section, “retaining allowance” means allowance payable for the time being to an employee of
any factory or other establishment during any period in which the establishment is not working, for retaining his services.

 

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