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Labour Laws Central Ministry of Labour and Employment Employees' Provident Funds and Miscellaneous Provisions Act, 1952

Amendments made in the notification of the scheme specifying percentage of amount to be invested by Board of Trustees, if constituted.

29-Apr-2021 | S.O. 1709 (E)

Ministry of Labour and Employment has issued notification by which amendment has been made in the investment pattern of the provident fund accumulations. Key highlights of which are as follows:
1. In the category of 'Asset Backed, Trust Structured and Miscellaneous Investments', investment can also be made under Units issued by Category I and Category II Alternative Investment Funds (AIF) regulated by the Securities and Exchange Board of India;
2. Fourth proviso has been inserted in the category describing conditions for investment under the above mentioned investment.
For further details, please refer to the attachment.

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