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the Provident Fund Scheme, 1948 as on 31.12.11 is 4.50 lakh approx. During 2011-12 (upto December 11) Coal Mines Provident Fund Contributions including voluntary contributions amounting to ` 2950 crore approx were received in the Coal Mines Provident Fund Account. The entire accumulation in the fund is invested in accordance with
The Coal Mines Provident Fund Organisation has been entrusted with the responsibility of administering the Coal Mines Provident Fund and Miscellaneous Provision Act, 1948 and different schemes framed there under. It is an autonomous organisation governed by a Board of Trustees and functions under the overall supervision of Ministry of Coal ...
Coal Mines Provident Fund Organisation, a statutory Organisation under direct supervision of Ministry of Coal, Government of India was established under Coal Mines Provident Fund and Miscellaneous Provisions Act, 1948 for administration and implementation of following Schemes. The salient features of the Schemes are enumerated
To test such a scheme in a restricted field the Coal Mines Provident Fund Scheme was launched in 1948. The success of this Scheme led to the demand for its expansion to other industries. Accordingly, close of the year 1951 witnessed the promulgation of the Employees' Provident Funds .
PETITIONER: COAL MINES PROVIDENT FUND COMMISSIONERDHANBAD & OTHER Vs. RESPONDENT: J. LALA & SONS DATE OF JUDGMENT13/02/1976 BENCH: RAY, A.N. (CJ) BENCH: RAY, A.N. (CJ) BEG, M. HAMEEDULLAH SINGH, JASWANT CITATION: 1976 AIR 676 1976 SCR (3) 365 1976 SCC (1) 964 CITATOR INFO : R 1979 SC1803 (39) ACT: Coal Mines Provident Fund and .
The Coal Mines (Special Provisions) Act, 2015: 4. The Coal India (Regulation of Transfers and Validation) Act, 2000: 5. The Coal Mines (Conservation and Development) Act, 1974: 6. The Coal Grading Board (Repeal) Act, 1959: 7. The Coal Bearing Areas (Acquisition and Development) Act, 1957: 8. The Coal Mines Provident Fund and Miscellaneous ...
Ministry of Coal. G.S.R. 553(E). - In pursuance of sub-section (5) of section 3C of the Coal Mines Provident Fund and Miscellaneous Provisions Act, 1948 (46 of 1948) and in supersession of the Coal Mines Provident Fund (Employees Recruitment) Rules, 1982, so far as they relate to the post of Senior Stenographer, Junior Stenographer and Personal Assistant, except as respects things done or ...
Title: Coal mines provident fund Act, Author: cmpfo, Name: Coal mines provident fund Act, Length: 17 pages, Page: 1, Published: 2017-05-06 company logo
Coal Mines Provident Fund Organisation, Dhanbad. 342 likes. It is an autonomous organisation governed by a Board of Trustees and functions under the overall supervision of Ministry of Coal,...
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Coal Mines Provident Fund Commissioner is a public Officer.The Provident Fund Commissioner holds the office of Commissioner on appointment by Government by virtue of his office. His services are temporarily placed at the disposal of the Board. He does not, therefore, cease to be an officer in the service of the Government.
Sep 11, 2018· Kolkata: The coal ministry along with Coal India and Singareni Collieries have decided to bring 70,000-odd coal contract workers under the ambit of the Coal Mines Provident Fund Organisation (). Coal India executives said bringing contract workers under CMPFO will offer them social security and give them higher returns apart from helping the fund itself, which is facing an asset-liability ...
May 11, 2020· Kolkata: Coal Mines Provident Find Organisation has dismantled a three-member panel formed recently to examine its merger with Employees Provident Organisation since it was constituted following "misreading" of minutes of a ministerial meeting held three years ago. Late last month, CMPFO had in a letter informed that a three-member panel was formed to examine the merger following a .
May 09, 2020· KOLKATA: Coal India board will soon consider a proposal to voluntarily contribute Rs 10 to the Coal Mines Pension Fund for each tonne of coal sold. This will add at least Rs 600 crore to the Rs 13,000 crore fund, which is estimated to run out of money in eight years. "Functional directors of Coal India have decided to place the proposal at the next board meeting. A decision on whether to ...
Oct 14, 2018· Application are invited for the Posts of Provident Fund Inspector, Lower Division Clerk in Coal Mines Provident Fund Organisation. 1-Post Name : Provident Fund Inspector. Qualifications: Degree of a recognized University. Desirable : Basic knowledge of Computer. No. Of Post: 15 Posts. Age Limit : 32 Years. Pay Scale: Rs.9300-34800/-
Coal Mines Provident Fund Scheme. - (1) The Central Government may.by notification in the Official Gazette, frame a scheme to be called the [Coal Mines Provident Fund Scheme] for the establishment of a provident fund for and specify the coal mines to which the said scheme shall apply. (2) Any scheme framed under the provisions of sub-section (1 ...
The Coal Mines Provident Fund Commissioner shall forward to the Deputy Accountant General, Posts and Telegraphs concerned a monthly statement by the 15th of each month showing the amounts realised by Post Offices within their circle of audit, on account of administrative charges on the sale of Coal Mines Provident Fund contribution stamps ...
24 rows· coal mines provident fund scheme 1948; coal mines deposite linked insurance scheme .
Jul 17, 2020· New Delhi: Central Bureau of Investigation has started a probe in a recruitment scam that took place in Coal Mines Provident Fund Organisation, Dhanbad. "The complainant in the case is chief vigilance officer of CMPFO alleging fraudulent recruitment and selection of lower division clerk by resorting to forgery, impersonation in conspiracy with unknown officials of CMPFO," said the CBI FIR.
THE COAL MINES PROVIDENT FUND AND MISCELLANEOUS PROVISIONS ACT 1948, (Act No.46 of 1948) [3rd September.1948] An Act to make provision for the framing of a Provident Fund Scheme ' (a Family Pension Scheme), 2a Deposit-Linked Insurance Scheme/ and a Bonus Scheme for persons employed in coal mines.
««« Back. Coal Mines Provident Fund being linked to Aadhaar - to benefit over 5 lakh members. Sambalpur, September 17, 2016 : Upping the Digital India Campaign of the Hon'ble Prime Minister of India, the subsidiaries of Coal India Limited today at Puri in co-ordination with Coal Mines Provident Fund Offices (CMPFO) finalised the modalities for introducing the Aadhaar Linked based system ...
May 07, 2020· KOLKATA: The Centre plans to merge Coal Mines Provident Fund Organisation (CMPFO), which manages more than Rs 1.13 lakh crore of coal workers' retirement funds, with the Employees' Provident Fund Organisation (EPFO), as a large asset-liability mismatch is imminent in the CMPFO's pension fund. The CMPFO has struggled in recent years as its payments started .
Jun 18, 2018· Funds diverted to the pension account did not earn any interest between 2007 and 2010. It earned a lower rate of interest for the period 2010 to 2012. Further, the diversion of funds from the provident fund account to the pension fund account is in violation of provisions of the Coal Mines Provident Fund (CMPF) Scheme.
Coal Mines Provident Fund Organisation has been given the responsibility of administering the Coal Mines Provident Fund and Miscellaneous Provision Act and different schemes framed there under. It is an autonomous organisation under the overall supervision of Ministry of Coal.
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