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Indian Railways commercial circulars and policies
Provident Funds Act, 1925
Circularstaff-establishmentOpen the official Railway source
| Type | Railway Board Establishment Circular / Letter |
|---|---|
| Topic | staff-establishment |
| Directorate | Establishment |
| Official source | indianrailways.gov.in |
Summary
clause (ii), the Central Government or the State Government, as the case may be ; and No Central Government officer shall have any right to the Government contributions
Text of the circular
APPENDIX IV PROVIDENT FUNDS ACT, 1925 (Act No. XIX of 1925) (As amended from time to time) [ 27th August 1925 ] An Act to amend and consolidate the law relating to Government and other Provident Funds. Whereas it is expedient to amend and consolidate the law relating to Government and other Provident Funds; it is hereby enacted as follows: - 1. Short title, extent and commencement. —(1) This act may be called the Provident Funds Act, 1925. (2) It extends to the whole of India, except the State of Jammu and Kashmir. (3) It shall come into force on such date as the Central Government may, by notification in the Official Gazette,appoint. (2) Definitions—In this Act, unless there is anything repugnant in the subject or context— (a) “compulsory deposit” means a subscription to, or deposit in, a Provident Fund which, under the rules of the fund, is not, until the happening of some specified contingency, repayable on demand otherwise than for the purpose of the payment of premia in respect of a policy of life insurance (or the payment of subscriptions or premia in respect of a family pension fund) and includes any contribution and any interest or increment which has accrued under the rules of the fund on any such subscription, deposit or contribution, and also any such subscription, deposit, contribution, interest or increment remaining to the credit of the subscriber or depositor after the happening of any such contingency; (b) “contribution” means any amount credited in a Provident Fund, by any authority administering the fund, by way of addition to, a subscription to, or deposit or balance at the credit of an individual account in the fund; and “contributory Provident Fund” means a Provident Fund the rules of which provide for the crediting of contributions; (c) “dependent” means any of the following relatives of a deceased subscriber to, or a depositor in, a Provident Fund, namely, a wife, husband, parent, child, minor brother, unmarried sister and a deceased son’s widow and child, and, where no parent of the subscriber or depositor is alive, a paternal grand-parent; (d) “Government Provident Fund” means a Provident Fund, other than a Railway Provident Fund, constituted by the authority of the Secretary of State, the Central Government, the Government Representative or any State Government for any class or classes of persons in the service of the Government or of persons employed in educational institutions or employed by bodies existing; solely for educational purposes and references in this Act to the Government shall be construed accordingly; (e) “ Provident Fund” means a fund in which subscriptions or deposits of any class or classes of employees are received and held on their individual accounts, and includes any contributions and any interest or increment accruing on such subscriptions, deposits or contributions and any interest or increment accruing on such subscriptions, deposits or contributions under the rules of the fund ; (f) “ Railway administration” means--- (i) any company administering a railway or tramway in any part of India either under a special Act or Parliament of the United Kingdom or an Indian law or under contract with the Government, or (ii) the manager of any railway or tramway administered by the Central Government or by a State Government, and includes, in any case referred to in sub-clause (ii), the Central Government or the State Government, as the case may be ; and (g) “ Railway Provident Fund”, means a Provident Fund constituted by the authority of a railway administration for any class or classes of its employees. 3. Protection of compulsory deposits.— (1) A compulsory deposit in any Government or Railway Provident Fund shall not in any way be capable of being assigned or charged and shall not be liable to attachment under any decree or order of any civil, Revenue or Criminal Court in respect of any debt or liability incurred y the subscriber or depositor, and neither the O
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