REGD. NO.

JK-33

THE
JAMMU AND K A S m GOVERNMENT GAZEmE
Vol. 1251 Jammu, Wed., the 20th March, 201 3129th Phal, 1934. m u . 50-3
Separate paging is given to this part in order that it may be filed as a
separate cumpilation.
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PART 111
Laws, Regulations and Rules passed thereu~~der.

JAMMU AND KASHMlR LEGISLATlVE ASSEMBLY

SECRETARIAT, JAMMU.
Under rule 64 o f the Rules of Procedure and Conduct of Business in
Jammu and Kashrnir Legislative Assembly, !he following Bill together with
the Statement of Objects and Reasons, is published in an extraordinary
issue of the Covernmcnt Gazette.

By order of the Hon'ble Speaker.

( S d . ) III.RAMZAN.

Secretary.

2 The J&K Govt. Gazette, 20th March, 2013129th Phal, 1934. [No. 50-3
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- . .- - -THE JAMMU A N D KASHMIK EMPLOYEES PROVIDENT

F m D S (AND MISCEL,I,ANEOUS PROVISIONS)
(AMENDMENT) RILL, 20 1 3.
[L. A. Bill No. 5 o f 2013.1

A Bill to amend the Jammu and Kashmir Employees Provident Funds

(and Miscellaneous Provisions)Act, f 96 1 (hereinafter referred to as the
Principal Act).

Be il enacted by the Jatnmu and Kashmir State 1,egisIature in the

Sixty-fourth Sear of the Republic of India as follows :1 . Sharr Eiile and commencemenf.4I ) This Act may he called the
Jarnmu atid Kashmir Employees Provident Funds (and Miscellaneous
Provisions) (Amendment) Act, 201 3.

(2) I t shall come into force from the datc of its publication in the
Ciovernmetlt Gazette.
2. Anzendment qfsecriun 7, Act No. XV of 1961.-In sub-section ( 1 )
of section 7 of the Principal Act, for the words "ten and one third
per cent". the words "forteen per cent" shall be substituted.

No. 50-31 The J&K Govt. Gazette, 20th March, 201 3129th Phi, 1934. 3
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STATEMENT OF OBJECTS A N D REASONS

The Jammu and Kashrnir E~itployeesProvident Furlds (and

Miscellaneous Provisions) Act, 1 96 1 applies to every establishment in which
ten or more pcrsons areemployed at any timc. While increasing the thresl~old
limit of nutnher of employees in an establishment for coverage under
the EPF Schettle from 5 to 10, the employers' and the employees' contribution
was also increased from 8.33% to 12% by virtue of the Jammu and Kashrnir
En~ployeesProv idcnt Funds (and Miscellaneous I'rov isions) (Anlcra.lment)
Act, 201 2 (Act No. XVI of 20 121. As a corollary to this change. the
discretion of the employees to increase contribution by a maximrim of
2% over and above the mandatory requirement of 12% also nceds to be
specifically provided by anwilding sub-section (1 ) of section 7 of the act so
as to ensure that if any employee so desired and if the scheme makes
provision therefor, hdshe could increase contribution by a maxin~urnof 2%
so as not to exceed 14%.
The Bill seeks to attain this objective.

MINISTER FOR
LABOUR AND EMPLOY MEN'T.