Sunday, May 3, 2009

The Apprentices Act and Provident Fund

The Apprentices Act and Provident Fund
Apprenticeship is a system of training a new generation of practitioners of a skill. Apprentices (or in early modern usage "prentices") build their careers from apprenticeships. Most of their training is done on the job while working for an employer who helps (along with financial aid from government) the apprentices learn their trade, in exchange for their continuing labour for an agreed period after they become skilled. Theoretical education may also be involved, informally via the workplace and/or by attending vocational schools while still being paid by the employer.

Apprentices under Industrial Employment (Standing Orders) Act, 1946 are not employees under the Employees’ Provident Fund and Miscellaneous Provisions Act, 1952.

Apprentices Act 1961
The Employees Provident Funds And Miscellaneous Provisions Act, 1952

Laughter is the best medicine
God's Time And Money
A preacher went into his church and he was praying to God. While he was praying, he asked God, "How long is 10 million years to you?" God replied, "1 second." The next day the preacher asked God, "God, how much is 10 million dollars to you?" And God replied, "A penny." Then finally the next day the preacher asked God, "God, can I have one of your pennies?" And God replied, "Just wait a sec."
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