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Employees Provident Fund Scheme

Contributions

Section 30: Payment of contribution

(1) The employer shall, in the first instance, pay both the contribution payable by himself (in this Scheme referred to as the employer's contribution) and, also on behalf of the member employed by him directly or by or through a contractor, the contribution payable by such member (in the Scheme referred to as the member's contribution).

(2) In respect of employees employed by or through a contractor, the contractor shall recover the contribution payable by such employee (in the Scheme referred to as the member's contribution ) and shall pay to the principal employer the amount of member's contribution so deducted together with an equal amount of contribution (in the Scheme referred to as the employer's contribution) and also administrative charges.

(3) It shall be the responsibility of the principal employer to pay both the contribution payable by himself in respect of the employees directly employed by him and also in respect of the employees employed by or through a contractor and also administrative charges .
Explanation.-For the purposes of this paragraph the expression "administrative charges" means such percentage of the pay (basic wages, dearness allowances, retaining allowance, if any, and cash value of food concessions admissible thereon) for the time being payable to the employees other than an excluded employee and in respect of which provident fund contributions are payable as the Central Government may, in consultation with the Central Board and having regard to the resources of the Fund for meeting its normal administrative expenses fix.

Related Keywords

Contractors

Contributions

Payment of Wages

Provident Fund