Provident Funds definition

Provident Funds means the University of Udaipur Contributory Provident Fund maintained under these statutes;
View Source
Provident Funds means the Employees’ Provident Funds Scheme, 1952; The Employees’ Family Pension Scheme, 1971 and the Employers’ Deposit-Linked Insurance Scheme, 1976, promulgated under the provision of the Employees’ Provident Funds and Misc., Provisions Act, 1952.
View Source
Provident Funds means a Fund in which subscriptions or deposits of any class or classes of employees are received and held on their individual accounts, and include any contributions and any interest or increment accruing on such subscriptions, deposits or contributions under the rules of the Fund;
View Source

Examples of Provident Funds in a sentence

  • The Contractor shall be responsible to enroll his employees, deduct, add and deposit in the relevant accounts the contributions as required under the Employees State Insurance Act, 1952 and the Employees Provident Funds and Miscellaneous Provisions Act 1952 and any other enactment's covered under the various applicable labour laws as well as maintain all books of records for the staff and employees deputed by it for this contract such as required under any laws applicable.

  • The Contractor / Bidder, where applicable, shall cover his employees deployed in the Purchaser’s Yard (a) under the Employees’ Provident Funds and Miscellaneous Act, 1952, (b) under the Family Pension Scheme, and (c) under the Employees’ Deposit Linked Insurance Scheme and pay the contributions both in respect of his employees and his own.

  • I undertake to be bound by all the provisions of the Contract Labour (Regulation & Abolition) Act 1970 and the Contract Labour (Regulation & Abolition) Rules 1972, The Employees’ Provident Funds and Miscellaneous Provisions Act 1952, Minimum Wages Act 1948, Payment of Wages Act 1936 and Payment of Bonus Act 1965 and all other applicable labour laws in so far as the provisions are applicable to me in respect of the employment of contract labour by me for the month of ................................

  • Registration as an Employer under Employees Provident Funds and Miscellaneous Provisions Act, 1952.

  • The quoted item rates shall be inclusive of all the liabilities / responsibilities relating to contract labour laws / Insurance / Provident Funds and any statutory liability etc.

  • The Employees’ Provident Funds and Miscellaneous Provisions Act, provides for compulsory contributory fund for the future of an employee or for his dependents.

  • The Provident Funds shall enjoy legal capacity in the Republic of Austria and shall enjoy the same exemptions, privileges and immunities as the OSCE itself.

  • By: Name: ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ Title: CIO Head of Financial Division ▇▇▇▇▇▇ Makefet Pension and Provident Funds Ltd ▇ ▇▇▇▇ ▇▇., ▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ 4th Floor Attention: ▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Email: ▇▇▇▇▇@▇▇▇▇▇▇.▇▇.▇▇ with a copy (which shall not constitute notice) to: ▇▇▇▇▇ ▇▇▇▇▇ & Co., Law Offices ▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇.

  • Email: ▇▇▇▇@▇▇▇▇▇▇▇▇.▇▇▇ SIGNATURE PAGE TO COMMON STOCK PURCHASE AGREEMENT by: its manager ▇▇▇▇▇▇ Makefet Pension and Provident Funds Ltd.

  • Email: ▇▇▇▇@▇▇▇▇▇▇▇▇.▇▇▇ [Signature Pages Continue] [Signature page to Stockholders Agreement] by: its manager ▇▇▇▇▇▇ Makefet Pension and Provident Funds Ltd.

Related to Provident Funds

  • provident fund means any fund (other than a pension fund, benefit fund or retirement annuity fund) which is approved by the Minister in respect of the year of assessment in question: Provided that the Minister may approve a fund subject to such limitations or conditions as he or she may determine, and shall not approve a fund in respect of any year of assessment unless he or she is in respect of that year of assessment satisfied -

  • Endowment fund means an institutional fund or part thereof that, under the terms of a gift instrument, is not wholly expendable by the institution on a current basis. The term does not include assets that an institution designates as an endowment fund for its own use.

  • Investment Funds means all monies and financial resources available for investment by the Authority, other than proceeds of bonds issued by the Authority.

  • Unspent Funds means the amount reported as unspent by the Recipient as of December 31, 2023 in the Recipient’s 2023 Annual Report (as defined under the Prior Agreement).

  • Client Funds means money deposited by the Client in his/her Trading Account, plus or minus any unrealized or realized profit or loss, plus or minus any amount that is due by the Client to the Company and vice versa.