Provident fund scope expanded by adding 'Insurance Scheme' alongside Family Pension Scheme, broadening statutory coverage. Amendment inserts the words Insurance Scheme into sub section (1) of section 7A of the Employees' Provident Funds Act, 1952 after the words Family Pension ... Summary
Provident fund scope expanded by adding 'Insurance Scheme' alongside Family Pension Scheme, broadening statutory coverage.
Amendment inserts the words Insurance Scheme into sub section (1) of section 7A of the Employees' Provident Funds Act, 1952 after the words Family Pension Scheme, so that references in that sub section that applied to the Family Pension Scheme will also apply to the Insurance Scheme, thereby expanding the statutory scope of section 7A(1).
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