Amendment to Provident Fund Act

A proposal for comprehensive amendment to the Employees’ Provident Funds and Miscellaneous Provisions (EPF & MP) Act, 1952 is under consideration of the Government which, inter alia, includes reducing threshold limit for coverage from 20 to 10 employees under the Act.

This was stated by Shri Bandaru Dattatreya, MoS (IC) Labour and Employment in written reply to a question in Lok Sabha today.