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The EPFO's top decision-making body is the Central Board of Trustees (CBT), [2] [3] a statutory body established by the Employees' Provident Fund and Miscellaneous Provisions (EPF&MP) Act, 1952. [4] As of 2021, more than ₹ 15.6 lakh crore (US$209 billion) are under EPFO management.
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.
Status: Not yet in force The Code on Social Security, 2020 is a code to amend and consolidate the laws relating to social security with the goal to extend social security to all employees and workers either in the organised or unorganised or any other sectors.
A critical component of the social safety net, unemployment insurance is a joint state-federal program that pays cash to eligible people who are out of work until they can find new jobs. In the ...
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By the time utilization reports reach the State and Central level, the data is already historical, significantly limiting its utility. CPSMS will aid in better fiscal deficit management, and to ultimately move to a system of flow of authorization as against the actual flow of funds, whereby banks will first meet the expenses of the implementing ...
Using his Aadhaar, French researchers were able to access and disclose personal information belonging to Sharma, including his personal telephone number, tax identity card, his secretary's phone number, personal address, family photographs, date of birth, frequent flyer numbers, telecom operator, model of phone, details of personal purchases ...
A previously unreleased Soundgarden song—"Black Rain"—debuted on the Guitar Hero video game and appears on the compilation album, [102] [103] which achieved platinum certification status after its first day of retail availability. [104] "Black Rain" hit rock radio stations on August 10, 2010, and was the band's first single since 1997. [105]