Monday, March 30, 2020

EMPLOYEES’ PROVIDENT FUNDS (AMENDMENT) SCHEME, 2020

EMPLOYEES’ PROVIDENT FUNDS (AMENDMENT) SCHEME, 2020

MINISTRY OF LABOUR AND EMPLOYMENT vide Gazette ID CG-DL-E-28032020-218950 dated 28.03.2020 has issued Employees’ Provident Funds (Amendment) Scheme, 2020 in exercise of the powers conferred by section 5 read with sub-section (1) of section 7 of the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952

Applicability: with immediate effect from 30.03.2020

In the Employees’ Provident Funds Scheme, 1952, in paragraph 68L, after sub-paragraph (2), the following sub-paragraph shall be inserted, namely:-–

―(3) The Commissioner or, where so authorized by the Commissioner, any officer subordinate to him, may, on an application from any member of this Scheme employed in any establishment or factory located in an area declared as affected by outbreak of any epidemic or pandemic by the appropriate Government, permit a non-refundable advance from the provident fund account of such member not exceeding the basic wages and dearness allowances of that member for three months or up to seventy-five per cent. of the amount standing to his credit in the Fund, whichever is less.

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