MINISTRY OF LABOUR AND EMPLOYMENT
New Delhi, the 30th December, 2016
G.S.R. 1191(E).— In exercise of powers conferred by section 6A read with sub-section (1) of section 7 of the 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 (Seventh Amendment) Scheme, 2016.
(2) It shall come into force on the 1st day of January, 2017 and shall cease to operate on the 31st day of March, 2017, except as respects things done or omitted to be done before such cessation.Online GST Certification Course by TaxGuru & MSME- Click here to Join
2. In the Employees’ Pension Scheme, 1995, after paragraph 43-A, the following paragraph shall be inserted,
“43B. Special provision in respect of Employees’ Enrolment Campaign, 2017.— The exceptions and modifications subject to which the provisions of this Scheme shall apply, in relation to the employees’ whose membership have been declared under paragraph 82A of the Employees’ Provident Funds Scheme, 1952, in accordance with the Employees’ Enrolment Campaign, 2017, shall be as follows, namely:
In paragraph 5, in sub-paragraph (1), for the table, the following table shall be substituted, namely:
(Applicable for remittances in respect of valid declarations under Employees’ Enrolment Campaign, 2017)
|Period of default||Rate of damages|
|Between the 1st day of April, 2009 to the 31st day of December, 2016||One rupee per annum.”.|
[F. No. S-35012/13/2016-SS-II]
R. K. GUPTA, Jt. Secy.
Note :—The principal scheme 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 lastly amended vide notification number G.S.R. 1036(E) dated the 2nd November, 2016.