Labour Laws · Industrial Relations and Labour Laws
Which one of the following statements under the Employees' Provident Fund and Miscellaneous Provisions Act, 1952, is NOT correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1It makes provision for a pension scheme including family pension.
- 2It makes provision for the Employees' Deposit Linked Insurance Scheme.
- 3The provisions of the Act shall not be applicable to Cooperative Societies employing fifty or more persons working without the aid of power.✓
- 4The contribution by the employer to the Fund shall be on the basis of the basic wage, dearness allowance, and retaining allowance (if any) of the employee.
Correct answer
The provisions of the Act shall not be applicable to Cooperative Societies employing fifty or more persons working without the aid of power.
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