What is the purpose of the Employees Provident Funds Scheme 1952 and to whom is it applicable?
The purpose of the scheme is to establish provident funds for the employees covered by the Employees\' Provident Funds and Miscellaneous Provisions Act, 1952. As such, the scheme is applicable to the employees of all factories and other establishments covered by the said Act except those exempted under section 17 thereof and tea factories in the State of Assam.
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