Ministry of Labour and Employment issues Employees’ Provident Funds (Fifth Amendment) Scheme, 2017

Ministry of Labour and Employment issues Employees’ Provident Funds (Fifth Amendment) Scheme, 2017

April 28, 2017 Labour 0

The Ministry of Labour and Employment has notified the Employees’ Provident Funds (Fifth Amendment) Scheme, 2017(“Amendment Scheme”) thereby amending the Employees’ Provident Funds Scheme, 1952 (“Principal Scheme”).

The Amendment Scheme is in force from 25th April, 2017.

The Amendment Scheme has modified Para 68 N of the Principal Scheme, i.e. the provisions relating to grant of advance to members who are physically handicapped.

The highlights of the Amendment Scheme are as follows:

  • Pursuant to the Amendment Act, a certificate from the employer or a doctor is no more required to be granted for a non-refundable advance in the following cases:
  • In case the member / his family is hospitalized for one month or more, or
  • In case of major surgical operation in a hospital, or
  • In case the member/his family is suffering from T.B., leprosy, [paralysis, cancer, mental derangement or heart ailment].

As per the Amendment Scheme, no advance will be granted to the member unless he produces a self-declaration to that effect.

  1. By virtue of the Amendment Scheme, no medical certificate from a competent medical practitioner would be required for advances to be granted to members of the Principal Scheme who are physically handicapped. Instead, a self-declaration to that effect will suffice.

 

Source: E-gazette

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