This document presents the Employees' Provident Funds Bill of 1952, which was introduced in Parliament to provide for the institution of provident funds for employees in factories and other establishments. It defines key terms such as 'basic wages', 'employer', 'employee', and 'factory' to establish the scope of the legislation. The bill outlines the powers of the Central Government to apply the Act to various establishments and to frame schemes for provident funds. It also specifies the contribution rates and provides for the protection of funds against attachment. Additionally, it establishes the priority of payment of contributions over other debts in cases of insolvency or winding up.

This document presents the Employees' Provident Funds Bill of 1952, which was introduced in Parliament to provide for the institution of provident funds for employees in factories and other establishments. It defines key terms such as 'basic wages', 'employer', 'employee', and 'factory' to establish the scope of the legislation. The bill outlines the powers of the Central Government to apply the Act to various establishments and to frame schemes for provident funds. It also specifies the contribution rates and provides for the protection of funds against attachment. Additionally, it establishes the priority of payment of contributions over other debts in cases of insolvency or winding up.