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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.
Recently, an $8.85 million settlement was reached in a class action lawsuit filed against Unilever United States, Inc., ... Make sure you submit your completed claim form by Feb. 19, 2025, ...
Cash App customers may be able to claim more than $2,500 each as part of a $15 million class-action settlement for data and security breaches at the mobile payment service.
Non-DvP settlement processes typically expose the parties to settlement risk. They are known by a variety of names, including free delivery, free of payment or FOP [3] delivery, or in the United States, delivery versus free. [4] FOP settlement involves delivery of the securities without a simultaneous transfer of funds – hence 'free of payment'.
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Some troops leave the battlefield injured. Others return from war with mental wounds. Yet many of the 2 million Iraq and Afghanistan veterans suffer from a condition the Defense Department refuses to acknowledge: Moral injury.
Russia has begun withdrawing a large amount of military equipment and troops from Syria following the ouster of former Syrian president Bashar al-Assad, according to two US officials and a western ...