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The EPFO administers the retirement plan for employees in India, which comprises the mandatory provident fund, a basic pension scheme and a disability/death insurance scheme. It also manages social security agreements with other countries. International workers are covered under EPFO plans in countries where bilateral agreements have been signed.
1 year 319 days: 7 years 234 days: Prithviraj Chavan ministry: 7-December-2012 28-September-2014 1 year 219 days: Devendra Fadnavis: 23-November-2019 26-November-2019 3 days: Second Fadnavis ministry: Uddhav Thackeray: 30-December-2019 29-June-2022 2 years 181 days: Thackeray ministry: Eknath Shinde: 2-July-2023 5-December-2024 1 year 156 days ...
In 2017 Union budget of India, 25% exemption of the contribution made by an employee has been announced as a form of premature partial withdrawal in NPS. [26] This amendment will take effect on 1 April 2018 and will, accordingly, apply in relation to the assessment year 2018-19. [27] [28] NPS is a market-linked annuity product. [29]
The Nationalist Congress Party – Sharadchandra Pawar or NCP–SP is a political party in India formed under the leadership of Sharadchandra Pawar. [1] It was formed after Election Commission of India recognised the group led by Ajit Pawar as the original Nationalist Congress Party .
NCP–SP: Nationalist Congress Party – Sharadchandra Pawar: Sharad Pawar: 8 3 21 3 Maharashtra, Kerala: CPI(M) Communist Party of India (Marxist) Prakash Karat: 4 5 81 – National Party: RJD: Rashtriya Janata Dal: Lalu Prasad Yadav: 4 6 81 14 Bihar, Jharkhand: AAP: Aam Aadmi Party: Arvind Kejriwal: 3 10 161 – National Party: JMM: Jharkhand ...
The party got registered with the Election Commission of Nepal on 7 June 2018 under the name Nepal Communist Party (NCP) after the Election Commission of Nepal refused to register the new party as another party called Nepal Communist Party was already registered, the latter being a small group led by Rishi Kattel.
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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). [7] 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.