Sindh Companies Profits (Workers` Participation) Act 2015 & Rules 2021

• Preamble
• Short title, extent and commencement.
• Definitions.
• Establishment of Fund.
• Constitution of the Board of Trustees
• Penalty.
• Power to call for information.
• Settlement of disputes, etc.
• Protection against discrimination.
• Delegation of power.
• Power to make rules
• Ordinance to override other laws.
• Repeal and Saving.

THE SCHEDULE SCHEME
• Scope of the scheme.
• Investment of Fund.
• Eligibility to benefits of scheme.
• Distribution of benefits to workers
• Disbursement of benefits.
• Definition of the net asset value of the unit.
• Employee’s own contribution.
• Fiscal concessions to the Companies.
• Tax treatment of the income of the Fund.
• Tax treatment of the income of the workers.
• Working and location of the Board of Trustees.
• Audit of the Fund accounts.
• Scheme’s benefits to be in addition to other benefits.
• Special Provision for industries working seasonally
• Companies engaged in more than one industrial undertaking.
• Entrustment of management of Fund to Investment Corporation of Pakistan, etc.