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Thursday 20 August 2015

Period for Settlement of PF, Pension & Insurance Claims Reduced to 20 Days



Government of India
Ministry of Labour and Employment
Notification
New Delhi, the 2nd July, 2015
G.S.R. (E).- In exercise of the powers conferred by section 5 read with subsection (1) of section 7 of the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952), the Central Government hereby makes the following Scheme further to amend the Employees’ Provident Funds Scheme, 1952, namely :-
1. (1) This Scheme may be called the Employees’ Provident Funds (Amendment) Scheme, 2015.                   
(2) It shall come into force from the date of its publication in the Official Gazette.
2. In the Employees’ Provident Funds Scheme, 1952, in paragraph 72, in subparagraph (7) for the figures and word “30 days” wherever they occur, the figures and word “20 days” shall be substituted.
[F. No. S-65013/1/2015-SS-II]
(Manish Kumar Gupta)
Joint Secretary
Government of India
Ministry of Labour and Employment
Notification
New Delhi, the 2nd July, 2015
G.S.R. (E).- In exercise of the powers conferred by section 6A read with subsection (1) of section 7 of the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952), the Central Government hereby makes the following Scheme further to amend the Employees’ Pension Scheme, 1995, namely :-
1. (1) This Scheme may be called the Employees’ Pension (Amendment) Scheme, 2015.
(2) It shall come into force from the date of its publication in the Official Gazette.
2. In the Employees’ Pension Scheme; 1995, in paragraph 17-A, for the words “thirty days” wherever they occur, the words “twenty days” shall be substituted.
[F.No. S-65013/1/2015-SS-II]
(Manish Kumar Gupta)
Joint Secretary
Government of India
Ministry of Labour and Employment
Notification
New Delhi, the 2nd July, 2015
G.S.R. (E).- In exercise of the powers conferred by section 6C read with subsection (1) of section 7 of the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952), the Central Government hereby makes the following Scheme further to amend the Employees’ Deposit-linked Insurance Scheme, 1976, namely:-
1. (1) This Scheme may be called the Employees’ Deposit-linked Insurance (Amendment) Scheme, 2015.
(2) It shall come into force from the date of its publication in the Official Gazette.
2. In the Employees’ Deposit-linked Insurance Scheme, 1976 in paragraph 24, in sub-paragraph (4) for the words “thirty days” wherever they occur, the words “twenty days” shall be substituted.
[F.No. S-65013/1/2015-SS-II]
(Manish Kumar Gupta)
Joint Secretary
- See more at: http://taxguru.in/corporate-law/period-settlement-pf-pension-insurance-claims-reduced-20-days.html#sthash.hJiHQD85.dpuf