If any Company takes NPS(National Pension scheme) for organizations and employees, Still they need to take Provident fund for employees?

Hello Everyone, Can you tell me If any Company takes NPS(National Pension scheme) for organizations and employees, Still they need to take Provident fund for employees?
In short -Can NPS replace Provident Fund?? Please reply. Thank You
26th August 2021 From India, Mumbai

Add Reply → Start New →

Madhu.T.K

4250

NPS will not replace EPF. Employees Provident Fund is mandatory even if you have opened National Pension Scheme accounts for your employees.
7th September 2021 From India, Kannur

Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.

Other Discussions That May Be Relevant

Pf ecr remittance - "doj eps updation not allowed as member is not eligible for pension scheme"

Employee who was under pf scheme before joining in new company and now he is not coming under limit so what to do in[..]

Eligibility for employee pension under eps scheme 1995

Related Files & Downloads Shared By Members

 PF & Pension Amdmt Scheme 2010 for IW.pdf

 Amendment in Employees Pension Scheme, 1995.pdf

 Employee Pension Scheme, 1995.doc

Interest Tags

Trending Tags

Trending

If any Company takes NPS(National Pension scheme) for organizations and employees, Still they need to take Provident fund for employees?

Login Or Register