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The Public Provident Fund ( PPF) is a voluntary savings-cum-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 ...
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. [5]
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.
The Employees' Provident Fund, abbreviated to EPF, is a social security scheme of employees in Sri Lanka under the Central Bank of Sri Lanka. It was established under Act No. 15 of 1958 by S. W. R. D. Bandaranaike , [ 3 ] and as of December 2010, it had Rs 899.6 billion, which is equivalent to 16% of the GDP. [ 4 ]
A virtual nomination process will select the party's candidate by Aug. 7, ahead of the Democratic National Convention that begins on Aug. 19 in Chicago. Democrats stick to plans for early ...
Aadhaar (Hindi: आधार, lit. ' base, foundation ') [7] is a twelve-digit unique identity number that can be obtained voluntarily by all residents of India, based on their biometrics and demographic data. [8]
Guided by Olympian Siobhan-Marie O’Connor, Daisy trained for an hour and a half, three or four times a week, over the course of two-and-a-half months, before flying to the Bulgarian set, where ...
Summary of table. The table below lists all persons nominated for a seat on the Supreme Court since 1789, in chronological order by date of nomination, along with the actions taken by the president and the Senate on those nominations. Specifically, the table lists the following for each Supreme Court nomination: name of each nominee;