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Friday, August 22, 2014

Public Provident Fund (Amendment) Scheme, 2014

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB
SECTION (i) ]
Government of India
Ministry of Finance
(Department of Economic Affairs)
Notification

New Delhi, the August, 2014

G.S.R.    (E). - In exercise of the powers conferred by sub-section (4) of section 3 of the Public Provident Fund Act, 1968 (23 of 1968), the Central Government hereby makes the following further amendments to the Public Provident Fund Scheme, 1968, namely


1.            (1) This Scheme may be called the Public Provident Fund (Amendment) Scheme, 2014.
               (2) It shall come into force from the date of its publication in the Official Gazette.

2.            In the Public Provident Fund Scheme, 1968, -
           (i) in paragraph 3, in sub-paragraph (1), for the letters and figures “Rs.1,00,000“, the letters and                         figures “Rs.1,50,000’: shall be substituted;
          (ii) In Form-A, in paragraph (iv), for the letters and figures "Rs.1,00,000“, the letters and figures                        “Rs.1,50,000“ shall be substituted.
[F.No. 1/2/2014-NS.II]

Sd/-
(DR.RAJAT BhAr&AVA)
JOINT SECRETARY TO THE GOVERNMENT OF INDIA


Source: http://finmin.nic.in/the_ministry/dept_eco_affairs/budget/PPF_amendment_scheme2014.pdf

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