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The Board administers a contributory provident fund, pension scheme and an insurance scheme for the workforce engaged in the organised sector in India. [9] The board is chaired by the Union Labour Minister of India. Presently, the following three schemes are in operation under the Act: Employees' Provident Fund Scheme, 1952
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.
Conversely, the worst time to claim Social Security is when you’ve just reached the eligibility age. You can claim benefits as early as age 62 — and a lot of Americans are doing just that. A ...
A time limit or deadline is a narrow field of time, or a particular point in time, by which an objective or task must be accomplished. Once that time has passed, the item may be considered overdue (e.g., for work projects or school assignments). In the case of work assignments or projects that are not completed by the deadline, this may ...
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To do so, you will have to submit an Adjusted Employer’s Quarterly Federal Tax Return or Claim for Refund, Form 941-X. There is a three-year deadline from the date of your original filing. In ...
Businesses still have time, but not a lot, to claim their part of a $5.5 billion class-action settlement stemming from Visa and Mastercard’s alleged fee overcharges, attorneys said. The deadline ...
WASHINGTON (AP) — One of the most turbulent sessions of Congress in the modern era is about to make way for the next one.. Midnight passage of the government shutdown package put in sharp focus the political fault lines emerging in Washington, as President-elect Donald Trump returns to the White House, House Speaker Mike Johnson, R-La., fights for his job and Republicans sweep into control ...