Dear all,
Amendment in the respective Employees’ Provident Funds (Sixth Amendment) Scheme, 2016 i.e in para 72
In the Employees’ Provident Funds Scheme, 1952, in paragraph 72, in sub-paragraph (6),-
(a) for the words “ceased to be employed”, the words “retired from service after attaining age of fifty-five years or migrated abroad permanently” shall be substituted;
(b) the words “or transfer, as the case may be” shall be omitted;
(c) after the proviso, the following new proviso shall be inserted, namely:-
Further a good Move by the labour Ministry where in one more provision has been inserted
“Provided further that if any amount becoming due to a member, as a result of supplementary contributions on account of litigation or default by the establishment or a claim which has been settled but is received back undelivered not attributable to the member, shall not be transferred to the inoperative account.”.
Gazette Notification :- Employees’ Provident Funds (Sixth Amendment) Scheme, 2016 para 72 changes
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