City
Epaper

PF trusts of Bengal jute mills to be dismantled, workers linked to EPF

By IANS | Updated: December 26, 2022 20:55 IST

Kolkata, Dec 26 In wake of rising complaints against provident fund trustee boards of jute mills in the ...

Open in App

Kolkata, Dec 26 In wake of rising complaints against provident fund trustee boards of jute mills in the state regarding non-deposit of employers' contribution as well as the employees' contribution deducted, the West Bengal government has decided to dismantle these individual trusts and instead, link employees of the jute mills to the Employees' Provident Fund Organisation (EPFO).

State Labour Minister, Moloy Ghatak announced this to representatives of jute mill owners and the different trade unions operating in the sector at a recent tripartite meeting on this count.

Sources aware of the proceedings of the meeting said that Ghatak pointed out that the employees of just a few jute mills in the state are directly linked to the EPFO office and the majority have their own trustee boards running the show.

"The minister also observed that recently, complaints have piled up against several such trustee boards of not depositing the amounts accrued on account of employers' contribution as well as the employee's contribution although the latter had been deducted from their salaries," a source said.

According to the source, running a trustee board requires a clearance from the state Labour Minister and an annual audit of the trusts is conducted by the EPFO office. It is learnt that in the latest audit, the EPFO office have identified such irregularities in depositing provident fund contributions, and also recommended action against some of these trusts to the state Labour Department.

Following this development, the Department has taken an in-principle decision not to allow any such trust in the jute mills of the state to continue. In future too, no fresh permission for such trusts would be given.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Employees' Provident Fund OrganisationLabour DepartmentMoloy ghatak
Open in App

Related Stories

NationalEPFO Reform Explained: Government Explains How You Can Withdraw 75% of Your PF Easily

NationalPension Boost Coming? EPFO May Announce Major Change After 11 Years Ahead of Diwali 2025 – Here’s What’s in Store for You

BusinessWhere Does Your PF Money Go? Here's How EPFO Manages Your Retirement Fund

NationalPF Withdrawal: EPFO Urges Members to Avoid Approaching Unauthorised Agents and Use Official EPFO Portals for Free and Secure Online Services

NationalEPFO Makes PF Withdrawals Easier, Hikes Interest Rate; Check Details

Politics Realted Stories

NationalBJP Candidate Satish Kumar Leading Over Tejashwi Yadav in Raghopur Assembly Constituency

NationalBihar Assembly Election Results 2025: Tejashwi Yadav Leads, Tej Pratap Trails in Early Trends

NationalTarn Taran Assembly By-Election 2025: 23.05% Voter Turnout Recorded Till 11 AM in Punjab By-Poll

MaharashtraWho Is Akshaya Naik? Shetkari Kamgar Paksha Named Mayoral Candidate of Alibag

NationalMumbai: BJP Workers Protest Outside Abu Asim Azmi’s Home Over Vande Mataram Row