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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Multi-state cooperatives with 10+ employees must set up a Contributory Provident Fund under Section 69.</h1> Every multi-state cooperative society with ten or more regular employees must establish a Contributory Provident Fund as per section 69. The society's bye-laws must include provisions for fund administration, employee salary contribution deductions, nomination procedures in case of an employee's death, conditions for advances against the fund, refund of contributions, and maintenance of accounts. Employee salary deductions must meet the minimum ceiling set by the Employee's Provident Fund and Miscellaneous Provisions Act, 1952. The society's annual contributions to the fund must also comply with the maximum ceiling established by the same Act.
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