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 28.03.2020
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.
Disclaimer:
IN NO EVENT THE AUTHOR
SHALL BE LIABLE FOR ANY DIRECT, INDIRECT, SPECIAL OR INCIDENTAL DAMAGE
RESULTING FROM OR ARISING OUT OF OR IN CONNECTION WITH THE USE OF THIS
INFORMATION.
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