EPF now will cover workers in J&K & Ladakh - The Employees Provident Funds and Miscellaneous Provisions Act, 1952
In one of the first administrative moves following the abrogation of Article 370, the Employees Provident Fund and Miscellaneous Provisions Act, 1952, will be implemented in the two newly carved out Union Territories (UTs) of Jammu and Kashmir, and Ladakh.
The move, which will bring establishments and workers in the two UTs within the ambit of the Employees’ Provident Fund Organisation (EPFO), was approved at a meeting of the EPFO’s Central Board of Trustees (CBT) last week. At present, they are covered by the J&K Employees’ Provident Fund Organisation.
The CBT — led by Labour Minister Santosh Kumar Gangwar — has authorised the Central Provident Fund Commissioner to implement the move. The EPFO will facilitate compliance and service delivery such as registration by establishments, remittance of contributions, banking arrangements, IT infrastructure and setting up of offices.
“The implementation of the EPF and MP Act, 1952, in the Union Territories of Jammu & Kashmir and Ladakh was approved by the CBT in its meeting held in Hyderabad on August 21,” said Michael Dias, Member, CBT.
J&K EPF Act
As of 2012-13, the J&K EPF Act covered 11,366 units with a total live membership of 28.08 lakh. It covered both private and public sector organisations.
The abrogation of Article 370 and the notification of the J&K Reorganisation Act, 2019, extended all the 108 Central Acts to the two UTs. The effective date of implementation of the Act is October 31.
Source: The Hindu Business line
Call us on 09920-100-462 |Request a quotation
LK Nakashe Consultants Pvt. Ltd is India’s leading compliance & labour law consulting firm. Headquartered in Mumbai, we are ISO 9001 Certified & Crisil Certified, and we serve all 29 states and 7 union territories of India. Our service bouquet includes Registration & Renewal Services, End-to-End Monthly Compliance Services, Audit & Due Diligence Services, Advisory & Consulting Services, Payroll Management Services and Contract Staffing Services. Our client list of 750+ companies includes some of India’s biggest business conglomerates, MNCs, public listed companies & SMEs