Provident Fund investment rules govern approved deposits, permitted securities, and fund-borne investment costs and losses. All monies belonging to the Employees' Provident Fund are to be deposited in approved banks or invested in specified securities, subject to Central Government directions. Permissible investments include securities referred to in section 20 of the Indian Trusts Act, 1882, provided they are payable in India as to both capital and interest. Any expenses incurred in relation to such investments, and any loss arising from them, are to be charged to the Fund.
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Provisions expressly mentioned in the judgment/order text.
Provident Fund investment rules govern approved deposits, permitted securities, and fund-borne investment costs and losses.
All monies belonging to the Employees' Provident Fund are to be deposited in approved banks or invested in specified securities, subject to Central Government directions. Permissible investments include securities referred to in section 20 of the Indian Trusts Act, 1882, provided they are payable in India as to both capital and interest. Any expenses incurred in relation to such investments, and any loss arising from them, are to be charged to the Fund.
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