Employee Provident Fund Act 2019 is published on 2019.4.10 (25 July 1962) to provide for various Social Security Funds including the Provident Fund, and Retirement Fund for the employees of the Government of Nepal and corporate bodies, other employees, and individuals involved in self-employment.
Specification:
- Provision related to establishment and
- Formation and operation of Board.
- Provision regarding interest, profit and withdrawal of amount.
- List of powers hold by the fund.
- Rules regarding Blacklisting and Penalty to an individual who misuses the fund.
Source: PDF Copy of Employee Provident Fund Act 2019, provided above was downloaded from Employees Provident Fund.
