Home India Ministry of Labour and Employment In exercise of the powers conferred by sub paragraph 1 of pa...
Date: 2018-04-20 Category: Extra Ordinary State: Union Government Country: India

In exercise of the powers conferred by sub paragraph 1 of paragraph 52 of the Employees Provident Funds Scheme 1952

Issued by Ministry of Labour and Employment · Not Applicable

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Executive Summary & Key Takeaways

**Policy Summary:** This notification, S.O. 1685(E), issued by the Ministry of Labour and Employment, amends the investment pattern for Employees' Provident Funds Scheme, 1952. Specifically, it modifies the percentage allocation for Debt Instruments and Related Investments under Category II. Effective from February 19, 2018, the minimum investment is set at 20 percent, with a maximum limit of 45 percent. This amendment is made in exercise of the powers conferred by subparagraph 1 of paragraph 52 of the Employees Provident Funds Scheme, 1952. The principal notification being amended is S.O. 1071(E), dated April 23, 2015. The joint secretary, R. K. Gupta, is the contact person. The notification was published in the Gazette of India, Extraordinary, Part II, section 3, subsection ii.

Key Entities Referenced

Employees Provident Funds Scheme, 1952: A scheme related to employee provident funds, established in 1952, which is being amended. Central Government: The governing authority that is issuing the directive for amendment. Ministry of Labour and Employment: The government ministry responsible for the notification and amendment. New Delhi: The location where the notification was issued. The Gazette of India: The official government publication in which the notification is published. S.O. 1071E: The notification number being amended, originally dated April 23, 2015. S.O. 3034E: The notification number that amended S.O. 1071E, dated September 22, 2016. R. K. GUPTA: The Joint Secretary who signed the notification.
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