Question

Explain in brief the employees provident fund and miscellaneous provision an objective

Answer 1

u The Employees' Provident Fund and Miscellaneous Provisions Act, 1952 aims to provide a kind of social security to the industrial workers. The Act mainly provides retirement or old age benefits, such as Provident Fund, Superannuation Pension, Invalidation Pen- sion, Family Pension and Deposit-Linked Insurance.