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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.
Online banking and internet payment gateway (IPG): An internet payments platform; Interactive voice response (IVR): helps organizations accept payments through credit and debit card over a phone call; Mobile computing app that enables payment services. The Atom mobile app allows payments through debit and credit cards, IMPS, cash cards, and net ...
Employees Provident Fund or Employees' Provident Fund refer to: Employees' Provident Fund Organisation, in India; ... additional terms may apply.
Oman announced visa-free entry to Indian citizens for tourism, as of 12 January 2022 for up to 10 days. [20] Afterwards, the period of stay in Oman was changed to 14 days. [21] Albania announced visa-free travel to Indian citizens as of 23 April 2022 which is extended till the end of 2022. They then introduced e-visa applications for Indians.
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 Public Provident Fund (PPF) is a voluntary savings-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 ...
Visa can also be obtained through a licensed agent, which often allows for faster processing time. For visa options that do not involve a flight booking (Land) and agent will be required to apply for a visa online. Transit visa is not required. United Kingdom: Visa required [325] Other exemptions apply for Visa-free Direct Airside Transit. [326]
A demat account is an Indian term for a dematerialized account that holds financial securities (equity or debt) digitally for traded shares in the share market.In India, demat accounts are maintained by two depository organizations: the National Securities Depository Limited and the Central Depository Services Limited.