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Thread: Ministry of Textiles - Central Silk Board Contributory Provident Fund Rules, 1955

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    Thumbs up Ministry of Textiles - Central Silk Board Contributory Provident Fund Rules, 1955

    Central Silk Board Contributory Provident Fund Rules, 1955

    GOVERNMENT OF INDIA

    MINISTRY OF COMMERCE AND INDUSTRY



    Notification New Delhi, the 22nd April, 1958

    No:22/5/56/H.S.(2). In exercise of the powers conferred by sub-section (2) of section-8 of the Provident Funds Act, 1925 (19 of 1925), the Central Government hereby directs that the provisions of the said Act shall apply to the Contributory Provident Fund established for the benefit of the employees of the Central Silk Board.

    Sd/-
    (P.J.Menon)
    Under Secretary to the Govt. of India

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    Thumbs up Central Silk Board Contributory Provident Fund Rules, 1955 - Rule no. - 01- Short title and commencement

    CENTRAL SILK BOARD CONTRIBUTORY PROVIDENT FUND RULES, 1955

    In exercise of the powers conferred by clause (i) of sub-rule (4) of rule 28 of the Central Silk Board Rules, 1955, the Central Government hereby makes the following rules namely:-

    Rule no. - 01


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5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman","serif";} </style> <![endif]-->Short title and commencement

    (i) These rules may be called the Central Silk Board Contributory Provident Fund Rules,
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SemiHidden="false" UnhideWhenUsed="false" Name="Medium List 2 Accent 6"/> <w:LsdException Locked="false" Priority="67" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Grid 1 Accent 6"/> <w:LsdException Locked="false" Priority="68" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Grid 2 Accent 6"/> <w:LsdException Locked="false" Priority="69" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Grid 3 Accent 6"/> <w:LsdException Locked="false" Priority="70" SemiHidden="false" UnhideWhenUsed="false" Name="Dark List Accent 6"/> <w:LsdException Locked="false" Priority="71" SemiHidden="false" UnhideWhenUsed="false" Name="Colorful Shading Accent 6"/> <w:LsdException Locked="false" Priority="72" SemiHidden="false" UnhideWhenUsed="false" Name="Colorful List Accent 6"/> <w:LsdException Locked="false" Priority="73" SemiHidden="false" UnhideWhenUsed="false" Name="Colorful Grid Accent 6"/> <w:LsdException Locked="false" Priority="19" SemiHidden="false" UnhideWhenUsed="false" QFormat="true" Name="Subtle Emphasis"/> <w:LsdException Locked="false" Priority="21" SemiHidden="false" UnhideWhenUsed="false" QFormat="true" Name="Intense Emphasis"/> <w:LsdException Locked="false" Priority="31" SemiHidden="false" UnhideWhenUsed="false" QFormat="true" Name="Subtle Reference"/> <w:LsdException Locked="false" Priority="32" SemiHidden="false" UnhideWhenUsed="false" QFormat="true" Name="Intense Reference"/> <w:LsdException Locked="false" Priority="33" SemiHidden="false" UnhideWhenUsed="false" QFormat="true" Name="Book Title"/> <w:LsdException Locked="false" Priority="37" Name="Bibliography"/> <w:LsdException Locked="false" Priority="39" QFormat="true" Name="TOC Heading"/> </w:LatentStyles> </xml><![endif]--><!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman","serif";} </style> <![endif]-->1[1955.]
    (ii) They shall come into force on the date of their publication in the official Gazette.


    Note -

    1
    Inserted by GSR-142 dated 24.1.1985.
    Last edited by ca_news; 19-05-2011 at 04:30 PM.

  3. #3
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    Thumbs up Central Silk Board Contributory Provident Fund Rules, 1955 - Rule no. - 02 - Definitions

    Central Silk Board Contributory Provident Fund Rules, 1955

    Rule no. - 02

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5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman","serif";} </style> <![endif]-->Definitions

    In these Rules -

    (a) “Board” means the Central Silk Board constituted by the Central Silk Board Act, 1948 (Act. No.LXI of 1948).

    (b) “Chairperson” means the Chairperson of the Board.

    (c) “Standing Committee” means the Standing Committee of the Board.

    (d) “Secretary” means the Secretary of the Board for the time being, and shall include an Acting Secretary.

    (e) “Act” means the Central Silk Board Act, 1948 (Act. No.LXI of 1948).

    (f) “Fund” means the Central Silk Board Contributory Provident Fund.

    (g) “Family” means___

    (i) In the case of a male subscriber, the wife or wives and children of the subscriber and the widow or widows and children of a deceased son of the subscriber;

    Provided that if a subscriber proves that his wife has been judicially separated from him or has ceased under the customary laws of the community to which she belongs to be entitled to maintenance, she shall henceforth be deemed to be no longer a member of the subscriber’s family in matters to which these rules relate unless the subscriber subsequently indicates, by express notification in writing to the Secretary, that she shall continue to be so regarded, 1[as she has not remarried and is in need of subsistence.]

    (ii) In case of female subscriber, the husband and children of the subscriber, and the widow or widows and children of a deceased son of the subscriber;

    Provided that if a subscriber, by notification in writing to the Secretary, expresses her desire to exclude her husband from her family, the husband shall henceforth be deemed to be no longer a member of the subscriber’s family in matters to which these rules relate, unless the subscriber subsequently cancels, formally in writing, her notification excluding him.

    NOTE 1 : ‘Children” means legitimate children

    NOTE II : An adopted child shall be considered to be a child when the Secretary or, if any doubt arises in the mind of the Secretary, the Board is satisfied that under the personal law of the subscriber, adoption is legally recognised as conferring the status of a natural child, but in this case only.

    (h) “Employee” means officer, office staff, technical staff and menial staff of the Board, other than those whose salary is paid from Contingencies.

    (i) “Emoluments” means, pay, leave salary or subsistence grant as defined in the Fundamental Rules and includes (a) any wages paid by the Board o employees not remunerated by fixed monthly pay, (b) any remuneration of the nature of pay received in respect of foreign service, and (c) if a subscriber is on deputation, the emoluments which he would have drawn had he not been on deputation, shall for the purposes of these Rules be deemed to be emoluments drawn on duty.

    (j) “Leave” means any variety of leave recognised by the Fundamental Rules.

    (k) “Subscriber” means a member of the Fund.

    (l) “Year” means a financial year, i.e. to say the period beginning from the 1st April and ending with the 31st March of the year following.

    (2) Any other expression employed in these rules which is defined either in the Provident Fund Act, 1925 (XIX of 1925), or in the Fundamental Rules is used in the sense therein defined.

  4. #4
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    Thumbs up Central Silk Board Contributory Provident Fund Rules, 1955 - Rule no. - 03 - Constitution and Management of the Fund

    Central Silk Board Contributory Provident Fund Rules, 1955

    Rule no. - 03

    Constitution and Management of the Fund:
    The fund shall be administered by the Secretary and shall be maintained in India in rupees.

  5. #5
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    Thumbs up Central Silk Board Contributory Provident Fund Rules, 1955 - Rule no. - 04

    Central Silk Board Contributory Provident Fund Rules, 1955

    Rule no. - 04

    (1) These Rules shall apply to every employee of the Board who:-

    (a) has been admitted before these Rules came into force to the benefits of a special or Contributory Provident Fund maintained by Government, except the State Railway Provident Fund, or
    (b) is required by these Rules or permitted to subscribe to the Fund.

    (2) Subject to the Provisions of sub-rule (1), subscription to the Fund shall be compulsory on all Board’s employees who are in receipt of a basic salary exceeding Rs.30/- per month, except in such cases as may be specifically excluded by the Board on the ground that the employee is not likely to remain in service for three years;

    Provided that a temporary employee whose term of employment in the first instance is for less than three years, may be permitted by the Chairperson to subscribe to the Fund on the understanding;

    (i) that the Board’s contribution and interest thereon will be provisional in the first instance and in the event of the employee’s service being terminated for any reason whatsoever within three years of the commencement thereof, will be liable to be completely withheld,
    and
    (ii) that subject to the above modification, he shall be bound by these Rules.

    (3) If an employee of the Board admitted to the benefit of the Fund was previously a subscriber to a Government or Semi-Government (except State Railway) Contributory Provident Fund, the amount of his subscriptions in the Contributory Provident Fund together with interest thereon, shall be transferred to his credit in the Fund with the sanction of the Standing Committee.

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    Thumbs up Central Silk Board Contributory Provident Fund Rules, 1955 - Rule no. - 05 - Nomination

    Central Silk Board Contributory Provident Fund Rules, 1955

    Rule no. - 05

    Nomination:-


    (1) A subscriber shall, as soon as may be after join the Fund, send to the Secretary a nomination conferring on one or more persons the right to receive the amount that may stand to his credit in the Fund, in the event of his death before that amount has become payable, or having become payable, has not been paid;

    Provided that if, at the time of making the nomination, the subscriber has a family, the nomination shall not be in favour of any person or persons other than the members of his family.

    (2) If a subscriber nominates more than one person under sub-rule (1), he shall specify in the nomination the amount or share payable to each of the nominees in such manner as to cover the whole of the amount that may stand to his credit in the Fund at any time.

    (3) Every nomination shall be in such one of the Forms set forth on the First Schedule as is appropriate in the circumstances.

    (4) A subscriber may at any time cancel a nomination by sending a notice in writing to the Secretary;
    Provided that the subscriber shall along with such notice send a fresh nomination made in accordance with the provisions of this rule.

    (5) A subscriber may provide in a nomination.

    (a) in respect of any specified nominee that in the event of his predeceasing the subscriber, the right conferred upon that nominee shall pass to such other person as may be specified in the nomination;

    (b) that the nomination shall become invalid in the event of the happening of a contingency specified therein; provided that, if at the time of making the nomination the subscriber has no family he shall provide in the nomination that it shall become invalid in the event of his subsequently acquiring a family.

    (6) immediately on the death of a nominee, in respect of whom no special provision has been made in the nomination under clause (a) of sub rule (5) or on the occurrence of any event by reason of which the nomination becomes invalid in pursuance of clause (b) of sub-rule (5) or the proviso thereto, the subscriber shall send to the Secretary a notice in writing cancelling the nomination together with a fresh nomination made in accordance with the provisions of this rule.

    (7) Every nomination made and every notice of cancellation given by a subscriber shall, to the extent that it is valid, take effect on the date on which it is received by the Secretary.

  7. #7
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    Thumbs up Central Silk Board Contributory Provident Fund Rules, 1955 - Rule no. - 06 - Subscriber’s Account

    Central Silk Board Contributory Provident Fund Rules, 1955

    Rule no. - 06

    Subscriber’s Account:
    - An account shall be opened in the name of each subscriber, in which shall be credited :-

    (i) The subscriber’s subscriptions;
    (ii) Contributions made under rule 10 by the Board to his account;
    (iii) Interest, as provided by rule 11, on subscriptions; and
    (iv) Interest, as provided by rule 11, on contributions.

  8. #8
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    Thumbs up Central Silk Board Contributory Provident Fund Rules, 1955 - Rule no. - 07 - Conditions and Rates of Subscriptions

    Central Silk Board Contributory Provident Fund Rules, 1955

    Rule no. - 07

    Conditions and Rates of Subscriptions:-


    (1) Every subscriber shall subscribe monthly to the Fund when on duty or foreign service or on deputation.

    (2) A subscriber may, at his option, not subscribe during leave.

    (3) The subscriber shall intimate his election not to subscribe during leave in the following manner :-

    (a) If he is an officer who draws his own pay bills, by making no deduction on account of subscription in his first pay bill drawn after proceeding on leave;
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Name="Medium Shading 2 Accent 6"/> <w:LsdException Locked="false" Priority="65" SemiHidden="false" UnhideWhenUsed="false" Name="Medium List 1 Accent 6"/> <w:LsdException Locked="false" Priority="66" SemiHidden="false" UnhideWhenUsed="false" Name="Medium List 2 Accent 6"/> <w:LsdException Locked="false" Priority="67" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Grid 1 Accent 6"/> <w:LsdException Locked="false" Priority="68" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Grid 2 Accent 6"/> <w:LsdException Locked="false" Priority="69" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Grid 3 Accent 6"/> <w:LsdException Locked="false" Priority="70" SemiHidden="false" UnhideWhenUsed="false" Name="Dark List Accent 6"/> <w:LsdException Locked="false" Priority="71" SemiHidden="false" UnhideWhenUsed="false" Name="Colorful Shading Accent 6"/> <w:LsdException Locked="false" Priority="72" SemiHidden="false" UnhideWhenUsed="false" Name="Colorful List Accent 6"/> <w:LsdException Locked="false" Priority="73" SemiHidden="false" UnhideWhenUsed="false" Name="Colorful Grid Accent 6"/> <w:LsdException Locked="false" Priority="19" SemiHidden="false" UnhideWhenUsed="false" QFormat="true" Name="Subtle Emphasis"/> <w:LsdException Locked="false" Priority="21" SemiHidden="false" UnhideWhenUsed="false" QFormat="true" Name="Intense Emphasis"/> <w:LsdException Locked="false" Priority="31" SemiHidden="false" UnhideWhenUsed="false" QFormat="true" Name="Subtle Reference"/> <w:LsdException Locked="false" Priority="32" SemiHidden="false" UnhideWhenUsed="false" QFormat="true" Name="Intense Reference"/> <w:LsdException Locked="false" Priority="33" SemiHidden="false" UnhideWhenUsed="false" QFormat="true" Name="Book Title"/> <w:LsdException Locked="false" Priority="37" Name="Bibliography"/> <w:LsdException Locked="false" Priority="39" QFormat="true" Name="TOC Heading"/> </w:LatentStyles> </xml><![endif]--><!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman","serif";} </style> <![endif]-->1[However in the event an employee has to proceed on leave immediately he will have the right to intimate the Secretary his election not to subscribe within one month from the date on which he proceeded on leave.]

    Failure to make due and timely intimation shall be deemed to constitute an election to subscribe.

    The option of a subscriber intimated under this sub-rule shall be final.

    (4) A subscriber who has under rule 16 withdrawn the amount of subscription and interest thereon, shall not subscribe to the Fund after such withdrawals unless and until he returns to duty.


    Note -

    1
    Added by GSR-142 dated 24.1.1985.

  9. #9
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    Thumbs up Central Silk Board Contributory Provident Fund Rules, 1955 - Rule no. - 08

    Central Silk Board Contributory Provident Fund Rules, 1955

    Rule no. - 08

    8 (1)
    . The amount of subscription shall be fixed by the subscriber himself subject to the condition that the sum so fixed does not fall below 8-1/3 per cent of his emoluments.

    (2) For the purposes of sub-rule (1) the emoluments of a subscriber shall be ;

    (a) in the case of a subscriber who was in service of the Board on the 31st March of the preceding year, the emoluments to which he was entitled on that date, provided as follows:-

    (i) if the subscriber was on leave on the said date and elected not to subscribe during such leave or was under suspension on the said date, his emoluments shall be the emoluments to which he was entitled on the first day after his return on duty;

    (ii) if the subscriber was on deputation out of India on the said date or was on leave on the said date and continues to be on leave and has elected to subscribe during such leave, his emoluments shall be the emoluments to which he would have been entitled had he been on duty in India.

    (iii) if the subscriber joined the Fund for the first time on a day subsequent to the said date, his emoluments shall be the emoluments to which he was entitled on such subsequent date.

    (b) In the case of a subscriber who was not in service of the Board on the 31st March of the preceding year, the emoluments to which he was entitled on the first day of his service or if he joined the Fund for the first time on a date subsequent to the first day of his service the emoluments to which he was entitled on such subsequent date.

    Provided that, if the emoluments of the subscriber are of a fluctuating nature, they shall be calculated in such manner as the Secretary may direct.

    (3)The subscriber shall intimate the fixation of the amount of his monthly subscription in each year in the following manner :-

    (a) if he was on duty on the 31st March of the preceding year by deduction which he makes in this behalf from his pay bill for that month;

    (b) if he was on leave on the 31st March of the preceding year and elected not to subscribe during such leave; or was under suspension on that date, by the deduction which he makes in this behalf from his first pay bill after his return to duty;

    (c) if he has entered service of the Board for the first time during the year, by the deduction which he makes in this behalf, from his pay bill for the month during which he joins the Fund;

    (d) if he was on leave on the 31st March of the preceding year, and continues to be on leave and has elected to subscribe during such leave, or if he was on foreign service on the 31st March of the preceding year, by the deduction which he causes to be made in this behalf from his salary bill for that month;

    (e) if his emoluments are of the nature referred to in the proviso to sub-rule (2) in such manner as the Secretary may direct.

    (4) A subscriber shall be permitted to increase the rate of subscription to the Contributory Provident Fund at any time once in the course of a year.

    8A. When a subscriber is transferred to foreign service or sent on deputation out of India he shall remain subject to the rules of the Fund in the same manner as if he were not so transferred or sent on deputation.

  10. #10
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    Thumbs up Central Silk Board Contributory Provident Fund Rules, 1955 - Rule no. - 09 - Realization of subscription

    Central Silk Board Contributory Provident Fund Rules, 1955

    Rule no. - 09

    Realization of subscription:
    The subscriber shall forward his dues monthly to the Secretary by deduction in his pay bill. When a subscriber is on foreign service or on deputation, he shall remit the subscription in cash to the Secretary so as to reach him before the 5th of each month immediately following the month for which the subscription is due.

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