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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.

PETITIONER: COAL MINES PROVIDENT FUND COMMISSIONERDHANBAD OTHER Vs. RESPONDENT: J. LALA SONS DATE OF JUDGMENT13/02/1976 BENCH: RAY, (CJ) BENCH: RAY, (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 .

Jul 21, 2020· Panel suggests pension cap for coal workers at Rs 45,000/Month 19 Sep, 2018, PM 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 .

(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 reemployment 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 .

May 11, 2020· Kolkata: Coal Mines Provident Find Organisation has dismantled a threemember 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 threemember panel was formed to examine the merger following a .

Oct 14, 2018· Application are invited for the Posts of Provident Fund Inspector, Lower Division Clerk in Coal Mines Provident Fund Organisation. 1Post 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: /

Sep 11, 2018· Kolkata: The coal ministry along with Coal India and Singareni Collieries have decided to bring 70,000odd 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 assetliability ...

COAL MINES PENSION SCHEME, 1998 One of the most important landmarks in the history of Coal Mines Provident Fund Organisation is the introduction of Coal Mines Pension Scheme, 1998 which has been notified by the Central Government on 5th March, 1998, in exercise of the powers conferred by Section 3E of the Coal Mines

Coal Mines Provident Fund Commissioner is a public 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.

May 07, 2020· KOLKATA: The Centre plans to merge Coal Mines Provident Fund Organisation (CMPFO), which manages more than Rs lakh crore of coal workers'' retirement funds, with the Employees'' Provident Fund Organisation (EPFO), as a large assetliability mismatch is imminent in the CMPFO''s pension fund. The CMPFO has struggled in recent years as its payments started .

the Provident Fund Scheme, 1948 as on is lakh approx. During 201112 (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

Ministry of Coal. 553(E). In pursuance of subsection (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 ...

Coal Mines Provident Fund Scheme. (1) The Central Government 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 subsection (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 ...

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.

Title: Coal mines provident fund Act, Author: cmpfo, Name: Coal mines provident fund Act, Length: 17 pages, Page: 1, Published: company logo

The Singareni Collieries Company Limited or SCCL is a governmentowned coal mining company in of the public sector undertakings, the company is jointly owned by the Telangana government (51 percent) and the Union Government (49 percent). The Union Government''s administration of the company is through the Ministry of is currently operating 48 mines where 19 opencast .

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 ...

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

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.

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 .

THE COAL MINES PROVIDENT FUND AND BONUS SCHEMES ACT, 1948 . ACT 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. [3 rd September, 1948.] Contents. title and extent. Mines Provident Fund Scheme

Mineworkers Provident Fund 100,000. MEMBERS in Southern Africa! Find out more! INVESTMENTS . Strategic Partnerships Safeguarding Beneficiaries'' Assets. Financial Reports Managing with Ethics. Fund Growth Creating Wealth Value. Investing for over 100,000. MEMBERS in Southern Africa! Find out more! EMPLOYERS .
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