The Central Government has amended the ceiling for contributions under the Employees' Provident Fund and Miscellaneous Provisions Act, 1952 (EPF Act) and the Employees' Provident Fund and Miscellaneous Provisions Scheme, 1952 (EPF Scheme) from __________ to __________, with effect from 1 September 2014.

Related MCQs

• Which of the following statements about Central Board are true? (i) The Central Provident Fund Commissioner is the Ex officio member of the Central Board (ii) The Central Board shall maintain proper accounts of its income and expenditure in such form and in such manner as the Central Government may, after consultation with the Comptroller and Auditor-General of India, specify in the Scheme (iii) Central Board shall submit annual report of its work and activities to the Central Government
• Which of the following statements about The Employees’ Provident Funds and (Miscellaneous Provisions) Act are true? a. The Act is not applicable to cooperative societies employing less than 50 persons working with the aid of power. b. It makes provision for pension scheme, including family pension. c. There is no wage limit to be covered under the Act. d. The Act has a provision relating to Employees’ Deposit-linked Insurance Scheme.
• What are the emoluments earned by the employees which are not not come under the definition of 'Basic Wages' in Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 (i) All emoluments which are earned by an employee while on duty or on leave or on holidays with wages in either case in accordance with the terms of the contract of employment and which are paid or payable in cash to him (ii)The cash value of any food concession. (iii) Any dearness allowance, house-rent allowance, overtime allowance, bonus, commission or other similar allowance payable to the employee in respect of his employment or of work done in such employment; (iv) Any presents made by the employer;
• What is the present wage limit to be eligible to be covered under the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952?
• The term “Exempted Establishment” is defined under which section of the EPF Act, 1952?
• Under this act, how many members are appointed by the Central Government in Central Board representing employees in the establishments to which the Scheme applies
• The chairman and members of Central Board constituted under Employees Provident Fund are appointed by
• An employer is liable to pay his contribution in respect of every employee and deduct employees contribution from wages bill and shall pay these contributions at the specified rates to the Corporation within -----------days of the last day of the Calendar month in which the contributions fall due.
• The State Governments, as per provisions of the Act, contribute 1/8th of the expenditure of medical benefit within a per capita ceiling of --------- per Insured Person per annum.
• The scheme defined under section 2(i-b) of the PF Act, 1952 is ……………..