25

Employees Provident Fund and Miscellaneous Provisions Act, 1952

Learning objectives

After reading this chapter, you will be able to understand:

  • Basic
  • The Employees’ Provident Fund Schemes, 1952
  • The Employees’ Pension Scheme, 1995
  • The Employees’ Deposit-linked Insurance Scheme, 1976
  • Transfer of account and undertaking
25.1 BASIC

Employees Provident Fund and Miscellaneous Provisions Act, 1952(EPF Act) provides social security to employees and their dependents under the following schemes:

  1. The Employees’ Provident Fund Schemes, 1952
  2. The Employees’ Pension Scheme, 1995
  3. The Employees’ Deposit-linked Insurance Scheme, 1976.
25.2 APPLICABILITY OF THE ACT

25.2.1 Applicability

EPF Act is applicable to an establishment which is a factory engaged ...

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