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The Coal Mines Provident Fund and Miscellaneous Provisions Act, 1948: Rules. S.No Name of Rules; 1. ... Methodology for Auction of Coal Mines/Blocks for sale of coal under the Coal Mines (Special Provisions) Act, 2015 and the Mines and Minerals (Development and Regulation) Act, 1957.
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.
Get information about the Coal Mines Provident Fund Organisation (CMPFO). Information is given about the corporate governance, employees memberships, contribution, refund submission etc. Detailed information about the Coal Mines Provident Fund scheme is given.
Administration of the Coal Mines Provident Fund and Miscellaneous Provision Act, 1948 (46 of 1948). Administration of the Coal Mines Labour Welfare Fund Act, 1947 (32 of 1947). Rules under the Mines Act, 1952 (32 of 1952) for the levy and collection of duty of excise on coke and coal produced and dispatched from mines and administration of ...
Apr 13, 2017· Cape Town - There is R10bn of unclaimed former mineworkers' retirement benefits in various pension and provident funds, according to the Presidency. Some of these date back to the 1970s, it said in a statement on Wednesday, which highlighted some of the progress made under leadership of President ...
Oct 14, 2018· We are short, simple and faster then others providing latest govt job updates about Coal Mines Provident Fund Organization notifications. Not only recruitment notice, you can find result, admit cards, exam syllabus, answer key and CMPFO exam date reminder.
Coal Mines Provident Fund Organisation (CMPFO), an autonomous organisation under the Ministry of Coal (MoC), was established under the Coal Mines Provident Fund and Miscellaneous Provisions Act, 1948 to provide social security, inculcate a spirit of savings and to provide for the future of all eligible employees of coal industry (public or ...
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.
This appeal by special leave turns on the question whether the Coal Mines Provident Fund Commissioner is to hear an employer before making an order requiring the employer to pay damages under section 10F of the Coal Mines Provident Fund and .
Panel suggests pension cap for coal workers at Rs 45,000/Month 19 Sep, 2018, 12.04PM IST. A panel set up by the Coal Mines Provident Fund Organisation has recommended that the monthly pension for retired workers be capped at ₹45,000 because the poorly managed fund is running out of money.
Jun 20, 2018· The report concluded that the intended purpose of setting up of the Coal Mines Provident Fund Organisation would be seriously affected due to inadequacies in the management of funds earmarked for ...
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 1*[, a Family Pension Scheme] 2*[, a Deposit-linked Insurance Scheme] and a .
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.
(3) Where any employee who is a subscriber to any provident fund of an establishment (not being a coal mine to which the Coal Mines Provident Fund Scheme applies) leaves his employment in that establishment and obtains re-employment in a coal mine and becomes a member of the Fund, the amount of accumulations to the credit of such employee in the provident fund of the establishment .
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 BOdy Under The Control Of Ministry Of Coal Govt. Of India)
In exercise of the powers conferred by section 3-E of the Coal Mines Provident Fund and Miscellaneous Provisions Act, 1948 (46 of 1948) and in supersession of the Coal Mines Family Pension Scheme, 1971, except as respects things done or omitted to be done before such supersession, the Central Government hereby makes the following Scheme, namely:-
Apr 30, 2014· Dear all my requirement is to maintain pf rates for our coal mines.we have already maintained pf rates for our organization i.e plant .but now we have created new pf id for coal project.and we have different calculations for coal project employees wh
Dec 25, 2019· A levy of Rs 10 on every tonne of coal produced will be imposed by the Coal Mines Provident Fund Organisation (CMPFO) on its member producers, including Coal India and Singareni Collieries. The levy will help bridge an asset-liability mismatch that was predicted to completely deplete the pension fund by 2028.
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 ...
Jan 16, 2020· 'Coal companies must make extra voluntary contribution to staff pension fund' Coal Mines Provident Fund Organisation commissioner Animesh Bharti told ET: "Following a recent resolution by the trustee board of the CMPFO, coal companies will soon be asked to make voluntary contribution of Rs 10 per tonne of coal produced.
THE COAL MINES PROVIDENT FUND AND BONUS SCHEMES ACT, 1948 . ACT No.46 OF 1948 [AS ON 1957] An Act to make provision for the framing of a Provident Fund Scheme and a Bonus Scheme for persons employed in coal mines.
Sep 17, 2016· In a step aimed to benefit over 5 lakh coal mines workers across the country, Aadhaar number would now be linked to their provident fund and treated as the PF number.
"Coal Mines Provident Fund Organization" has called for online applications for a total of 296 vacancies for the Posts of Provident Fund Inspector and Lower Division Clerks as detailed below: Important Dates: Last Date to apply online: 12 February 2013 Downloading call letters begins: From 1st week of .
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