Wednesday 24 May 2017

Notifications for amendment under EPF, EPS and EDLI Schemes for e-Payment

MINISTRY OF LABOUR AND EMPLOYMENT NOTIFICATION
New Delhi, the 4th May, 2017

G.S.R. 436(E).—In exercise of the powers conferred by section 5 read with sub-section (1) of section 7 of Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952), the Central Government hereby makes the following Scheme further to amend the Employees’ Provident Funds Scheme, 1952, namely:-
1. (1) This Scheme may be called the Employees’ Provident Funds (Sixth Amendment) Scheme, 2017.
(2) It shall come into effect from the date of its publication in the Official Gazette.
2. In the Employees’ Provident Funds Scheme, 1952, in paragraph 72, in sub-paragraph (5), for clause (e) and the proviso thereto, the following shall be substituted, namely:-

“(e) The payment may be made to the person, to whom payment is to be made, through electronic or digital funds transfer system of any Scheduled commercial bank or any post office.”

[F. No. S-35012/7/2016-SS-II]
R. K. GUPTA, Jt. Secy. Note:

The Employees’ Provident Funds Scheme, 1952 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide notification number S.R.O. 1509, dated the 2nd September, 1952 and last amended vide notification number G.S.R. 404(E) dated the 25th April, 2017.



NOTIFICATION
New Delhi, the 4th May, 2017


G.S.R. 437(E).—In exercise of the powers conferred by section 6A read with sub-section (1) of section 7 of Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952), the Central Government hereby makes the following Scheme further to amend the Employees’ Pension Scheme, 1995, namely:-
1. (1) This Scheme may be called the Employees’ Pension (Amendment) Scheme, 2017.
(2) It shall come into effect from the date of its publication in the Official Gazette. 
2. In the Employees’ Pension Scheme, 1995, for paragraph 33, the following shall be substituted, namely:-
33. Disbursement of pension and other benefits.- (1) The Commissioner shall, with the approval of the Central Board, enter into arrangement for the disbursement of pension and other benefits under this Scheme with disbursing agencies like post office or nationalised banks or Treasuries or scheduled commercial banks including regional rural banks or co-operative banks through electronic or digital funds transfer system. 
(2) The Commission payable to the disbursing agencies and other charges incidental thereto shall be met as provided in paragraph 27 of the Scheme.”

[F. No. S-35012/7/2016-SS-II]
R. K. GUPTA, Jt. Secy.

Note: The Employees’ Pension Scheme, 1995 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide notification number G.S.R. 748(E), dated the 16th November, 1995 and was last amended vide notification number G.S.R. 1191(E) dated the 30th December, 2016.

NOTIFICATION
New Delhi, the 4th May, 2017

G.S.R. 438(E).—In exercise of the powers conferred by section 6C read with sub-section (1) of section 7 of Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (19 of 1952), the Central Government hereby makes the following Scheme further to amend the Employees’ Deposit-Linked Insurance Scheme, 1976, namely:-
1. (1) This Scheme may be called the Employees’ Deposit-Linked Insurance (Amendment) Scheme, 2017.
(2) It shall come into effect from the date of its publication in the Official Gazette. 
2. In the Employees’ Deposit-Linked Insurance Scheme, 1976, in paragraph 24, for sub-paragraph (3), the following shall be substituted, namely:-
“(3) The payment may be made to the person, to whom payment is to be made through electronic or digital funds transfer system in any Scheduled commercial bank or any post office.”

[F. No. S-35012/7/2016-SS-II]
R. K. GUPTA, Jt. Secy.

Note:  The Employees’ Deposit Linked Insurance Scheme, 1976 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 488(E), dated the 28th July, 1976 and was last amended vide notification number G.S.R. 1192(E) dated the 30th December, 2016

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