Business Studies, asked by Vinitha13, 10 months ago

Discuss the provisions related to determination of money due from employer under EPF Act.

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Answered by sayyadmohd78
1

Objective and applicability of the Employees' Provident Fund & Misc. Provisions Act, 1952 – The EPF & MP Act, 1952 is created for the purpose of social welfare of an employee. Any factory or establishment engaging 20 or more employees, whether directly or through contractors is liable to be covered under this Act.

The Employees' Provident Fund Organisation (abbreviated to EPFO), is an organization tasked to assist the Central Board of Trustees, a statutory body formed by the Employees' Provident Fund and Miscellaneous Provisions Act, 1952 and is under the administrative control of the Ministry of Labour and Employment.

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