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Public Provident Fund (Amendment) Scheme, 2011

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Vincent

In exercise of the powers conferred by sub-section (4) of section 3 of the Public Provident Fund Act, 1968 (23 of 1958), the Central Government hereby makes the following further amendment to the Public Provident Fund Scheme, 1968, namely:-

1. (1) This Scheme may be called the Public Provident Fund (Amendment) Scheme, 2011.

(2) It shall come into force on the 1st day of December 2011.

2. In the Public Provident Fund Scheme, 1968, -

(i) in paragraph 3, in sub-paragraph (1), for the letters and figures "Rs 70,000/-", the letters and figures "Rs 1,00,000" shall be substituted;

(ii) in paragraph 11, in sub-paragraph (2), for the words "one per cent. per annum", the words "two per cent. per annum" shall be substituted;

(iii) in Form-A, in paragraph (iv), for the letters and figures "Rs 70,000/-", the letters and figures "Rs 1,00,000" shall be substituted.

[F.No.1/9/2011-NS-II]

M.A. khan,

Under Secretary

Note: The scheme was notified vide G.S.R. 1136(E), dated 15.6.1968 and amended vide G.S.R. 368(E), dated 1.8.72, G.S.R. 217(E), dated 9.3.79, G.S.R. 271(E), dated 16.3.83, G.S.R. 54(E), dated 7.2.84, G.S.R....

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