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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.
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.
Sino-Portuguese Joint Declaration; Joint Declaration on the Doctrine of Justification; Joint Declaration by Members of the United Nations, in 1942 by the American and British governments on behalf of the Allied Powers, relating to the Holocaust; June 15th North–South Joint Declaration; Joint Declaration: Challenges to Freedom of Expression in ...
Employees' State Insurance Corporation (ESIC), established by ESI Act, is an autonomous organisation under Ministry of Labour and Employment, Government of India.As it is a legal entity, the corporation can raise loans and take measures for discharging such loans with the prior sanction of the central government and it can acquire both movable and immovable property and all incomes from the ...
Plaque commemorating the Joint Declaration at St. Anne's Church, Augsburg. The "Joint Declaration on the Doctrine of Justification" (JDDJ) is a document created and agreed to by the Catholic Church's Pontifical Council for Promoting Christian Unity (PCPCU) and the Lutheran World Federation in 1999 as a result of Catholic–Lutheran dialogue.
On the basis of those guidelines the Council of Ministers adopts joint actions or common positions. Joint actions address specific situations where operation action by the EU is considered necessary and lay down the objectives, scope and means to be made available to the EU. They commit the member states.
Pradhan Mantri Garib Kalyan Yojana, 2016 (PMGKY) (English, Prime Minister's Poor welfare scheme) is a scheme launched by the Narendra Modi led Government of India in December 2016 on the lines of the Income declaration scheme, 2016 (IDS) launched earlier in the year.
2018: The government and the plans reach an agreement and new pension legislation is passed, setting an effective date for joint-governance. 2019: In March, LAPP becomes a jointly governed plan, giving the responsibility for decisions and risks of the Plan to the employer and employee groups contributing to the pension. [ 3 ]