Posted by & filed under Provident Fund - (Notification -Circulars).

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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