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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.
In 1982, then the EPF Act 1991 in 1991. The EPF Act 1991 [4] requires employees and their employers to contribute towards their retirement savings, and allows workers to withdraw these savings at retirement or for special purposes before then. [5] As of 31 December 2012, EPF has 13.6 million members, of which 6.4 million are active contributing ...
To prevent the employer alleging that the resignation was caused by a job offer, the employee should resign first and then seek a new job during the notice period. During the notice period, the employer could make the employee redundant [ 47 ] or summarily dismiss them, if it has the grounds to do so fairly.
Resignation is the formal act of leaving or quitting one's office or position. A resignation can occur when a person holding a position gained by election or appointment steps down, but leaving a position upon the expiration of a term, or choosing not to seek an additional term, is not considered resignation.
Patrick, who previously worked for ESPN, told Barkley "you're going to be working a lot more than you think you're going to be working." Barkley said he wouldn't be working "like no damn dog" and ...
While this whipped cream did melt fairly rapidly for many editors over time, it was still quite pleasant to taste even after deflating. "Like melted ice cream," one editor said. Tubs
Potatoes are side dish heroes. Thanks to their versatility, they can be cut and cooked in an epic number of ways, making them the perfect sidekick to almost any main dish. One of the most ...
The Payment of Gratuity Act, 1972 is an Indian law that makes companies pay a one-time gratuity to retiring employees or employees who resigns after a minimum of 5 years of service. The law applies to all companies of at least 10 employees. [1] The gratuity is 15 days' wages for every year of employee service, or partial year over six months.