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The Employees' Provident Fund Organisation (EPFO) is one of the two main social security organization under the Government of India's Ministry of Labour and Employment and is responsible for regulation and management of provident funds in India, the other being Employees' State Insurance. The EPFO administers the retirement plan for employees ...
The Public Provident Fund (PPF) is a voluntary savings-cum-tax-reduction social security instrument in India, [1] introduced by the National Savings Institute of the Ministry of Finance in 1968. The scheme's main objective is to mobilize small savings for social security during uncertain times by offering an investment with reasonable returns ...
Legally, the EPF is only obligated to provide 2.5% dividends (as per Section 27 of the Employees Provident Fund Act 1991). [8] The EPF claims that the lowered dividend is the result of its decision to invest in low-risk fixed revenue instruments, which produce lower returns but maintains the principal value of its members' contributions.
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Wolfs marks the first time Clooney and Pitt have led a movie together since 2008's Burn After Reading. The pair are also known for teaming up in the 2000s Ocean's heist movies. In the new movie ...
An old shipwreck, believed to be the World War I vessel the SS Tobol, has been uncovered off the northeast coast of Scotland, solving what discoverers say is a "107-year-old maritime mystery."
September 19, 2024 at 10:58 PM. New York magazine said Thursday that star Washington correspondent Olivia Nuzzi has been placed on leave after she acknowledged to editors she had a personal ...
The Employees' Provident Fund, abbreviated to EPF, is a social security scheme of employees in Sri Lanka under the Central Bank of Sri Lanka. It was established under Act No. 15 of 1958 by S. W. R. D. Bandaranaike , [ 3 ] and as of December 2010, it had Rs 899.6 billion, which is equivalent to 16% of the GDP. [ 4 ]