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A minimum yearly deposit of ₹500 is required to open and maintain a PPF account. A PPF account holder can deposit a maximum of ₹1.5 lacs in his/her PPF account (including those where he is the guardian) per financial year. There must be a guardian for PPF accounts opened in the name of minor children. Parents can act as guardians in such ...
The EPS-95 came into force on 19.11.1995. Review and revision of schemes is an ongoing process. The provisions of the EPS-95 are reviewed from time to time based on the recommendations of the Expert Committee and the High Empowered Monitoring Committee as well as taking into account the actuarial evaluation of the Employees' Pension Fund. [15]
Other similar government savings schemes in India include: Public Provident Fund (PPF), Post Office Fixed Deposit, Post Office Recurring Deposit, etc. [3] The certificates were heavily promoted by the Indian government in the 1950s after India's independence, to collect funds for nation-building
A fixture at any fast food restaurant or backyard barbecue is American cheese. These orange, plastic-wrapped slices are unparalleled in terms of meltability. For many, when it comes to making a ...
The Public Account of India was constituted by Article 266(2) of the Indian Constitution which states that "All other public moneys received by or on behalf of the Government of India or the Government of a State shall be credited to the public account of India or the public account of the State, as the case may be." Here "other" signifies ...
Missouri executed a man Tuesday night for the 2007 sexual assault and murder of a fourth-grade girl who called him "Uncle Chris." Gov. Mike Parson denied his clemency petition earlier this week ...
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From November 2010 to December 2012, if you bought shares in companies when David Bonderman joined the board, and sold them when he left, you would have a -15.7 percent return on your investment, compared to a 19.2 percent return from the S&P 500.