LKN
Unsplashed background img 1
HUDCO and EPFO sign MoU to facilitate Housing for All Mission - The Employees Provident Funds and Miscellaneous Provisions Act, 1952

Dr. M Ravi Kanth, Chairman and MD, Housing and Urban Development Corporation (HUDCO) and Dr. V. P. Joy, Central Provident Fund Commissioner, EPFO, signed an MoU in the presence of M. Venkaiah Naidu, Minister, Housing and Urban Poverty Alleviation, UD and I&B, and Minister of State (Independent Charge), Labour and Employment Bandaru Dattatreya for facilitating Housing for All Mission. Employee Provident Fund Scheme, 1952 has been amended to facilitate withdrawal of 90 percent of employer/employee contribution for housing. Dovetailing of CLSS subsidy under Pradhan Mantri Awas Yojana and loans through HUDCO Niwas to the EPF subscribers is envisaged. 

Did you find this content helpful?

Yes No

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

First-of-its-kind app that UN-COMPLICATES compliance & labour laws. Download for free on iOS & Android Google play App store