Labour Code Advisor

Ministry of Labour and Employment

Code on Social Security, 2020 →

Reconstitution of Executive Committee of CBT, EPF

Ministry of Labour and Employment published this gazette notification (Gazette ID: CG-DL-E-28092024-257579) on 28 September 2024 (issued 27-Sep-2024), filed under Extra Ordinary, related to the Code on Social Security, 2020. The purpose of this notification is to reorganize the Executive Committee to ensure effective management and administration of the EPF scheme.

Issue Date
Published
Gazette ID CG-DL-E-28092024-257579
Category Extra Ordinary
Part & Section Part II-Section 3-Sub-Section (ii)
Related Code Code on Social Security, 2020
Download PDF View Original on egazette.gov.in
Statutory Compliance Summary

Action Required

Employers and HR departments must take note of the reconstituted Executive Committee and ensure compliance with the revised decision-making process for EPF-related matters. They should also be prepared to provide any necessary information or support to the Committee.

Target Roles:
HR DirectorCompliance OfficerEmployer
Industries Impacted:
All

Statutory Penalty Risk

General statutory reference to the Employees' Provident Funds and Miscellaneous Provisions Act, 1952

Statutes & Rules Amended

  • Employees' Provident Funds and Miscellaneous Provisions Act, 1952
  • EPF Scheme, 1952

Purpose

The purpose of this notification is to reorganize the Executive Committee to ensure effective management and administration of the EPF scheme.

Summary

The Ministry of Labour and Employment has reconstituted the Executive Committee of the Central Board of Trustees (CBT) for the Employees' Provident Fund (EPF), with the Secretary of the Ministry as its chairperson. This move aims to streamline the decision-making process and improve the functioning of the EPF.

Frequently Asked Questions

Which ministry issued this gazette notification (CG-DL-E-28092024-257579)?
Ministry of Labour and Employment issued this notification, published on 28-Sep-2024.
What is Gazette Notification CG-DL-E-28092024-257579 about?
The purpose of this notification is to reorganize the Executive Committee to ensure effective management and administration of the EPF scheme.
Where can I find the official PDF for this notification?
The official gazette PDF is published on egazette.gov.in. An archived copy is also available for download directly from this page, in case the official portal is temporarily unavailable.
Which Labour Code does this notification relate to?
This notification relates to the Code on Social Security, 2020.
What compliance action is required under Gazette Notification CG-DL-E-28092024-257579?
Employers and HR departments must take note of the reconstituted Executive Committee and ensure compliance with the revised decision-making process for EPF-related matters. They should also be prepared to provide any necessary information or support to the Committee. No specific compliance deadline is specified in this notification.
Who is impacted by Gazette Notification CG-DL-E-28092024-257579?
This notification primarily targets HR Director, Compliance Officer, Employer across the All sector(s).
What are the statutory penalties for non-compliance with Gazette Notification CG-DL-E-28092024-257579?
Non-compliance with the provisions of this notification may attract: General statutory reference to the Employees' Provident Funds and Miscellaneous Provisions Act, 1952.

Source: egazette.gov.in ·