• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to secondary sidebar

Govtempdiary

  • Home
  • 7th CPC Calculator
  • Pay Matrix
  • AICPIN

8th Pay CommissionPay Matrix
AICPINDA Calculator 2025

Exclusion of Employees from EPF & MP Act, 1952

July 7, 2023 by Eliza

The Employees’ Provident Fund Organization (EPFO), under the Ministry of Labour & Employment, Government of India, has issued a clarification regarding the exclusion of employees of Regional Rural Banks (RRBs) from the purview of the Employees’ Provident Fund & Miscellaneous Provisions Act, 1952 (EPF & MP Act).

Clarification in the matter of Exclusion of employees of Regional Rural Banks from the purview of EPF & MP Act, 1952

EMPLOYEES’ PROVIDENT FUND ORGANISATION
MINISTRY OF LABOUR & EMPLOYMENT,
GOVERNMENT OF INDIA
Head Office, Bhavishya Nidhi Bhawan, 14, Bhikaiji Cama Place. New Delhi-110066

No: (E-47198) /2244

Dated: 03.07.2023

All ACC-HQs/ All ACCs,
All RPFC-Is / OICs,
ROs/ SROs

Sub: Clarification in the matter of Exclusion of employees of Regional Rural Banks from the purview of EPF & MP Act, 1952

Ref: C-Ex/Misc./Comp. Audit/2008/2473 dated 21.06.2011 (a copy enclosed).

Madam/Sir,

With reference to above cited subject and reference, it is informed that several communications were received from various offices seeking clarifications on the subject matter, in this regard, the matter has been examined at the level of WSU and legal view has also been taken in the matter.

It is to inform you that the transfer of account is regulated by section 17 A of the EPF act and para 28 of the scheme. The exclusion is similar to exemption as, in both cases, the funds are to be transferred from EPF to another Fund. So, if there is no specific situation dealt with in the Act or the scheme, the treatment of exclusion and exemption shall be similar.

Accordingly, all field offices are directed to strictly adhere to the guidelines issued vide circular under reference. All zonal offices are requested to ensure compliance of the instructions in their respective regional offices.

Encl: As above

(M.S.K.V Satyanarayana)
ACC(WSU)

Filed Under: CGE Latest News, EPFO NEWS, Recent govt orders

Recent Posts

  • 8th Pay Commission: Major Salary Hike Expected for Government Employees January 16, 2025
  • CPI-IW November 2024 Update – All-India Consumer Price Index January 6, 2025
  • EPFO UAN Activation 2024: AADHAAR Seeding Guidelines for ELI Scheme December 16, 2024
  • EPS Pension Increase: Updates on Minimum Pension Hike for 2024 December 13, 2024
  • Good News for Ex-Servicemen: ECHS Gets a Major Boost December 12, 2024

Primary Sidebar

  • Home
  • 8th Pay Commission
  • 7th CPC Calculator [updated]
  • Pay Matrix
  • Dopt orders
  • DA News
  • AICPIN
  • DA 2024
  • DA Calculator 2025
  • Superannuation Date Calculator

GET FREE EMAIL UPDATE

Secondary Sidebar

Categories

Copyright © 2010–2025 - Central Government Employees News - Govtempdiary