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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.
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 ...
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 .
National Pension System, like PPF and EPF, is an EEE (Exempt-Exempt-Exempt) instrument in India where the entire corpus escapes tax at maturity and the entire pension withdrawal amount is tax-free. [ 3 ]
The entire 12% contribution of the employee goes towards the Employees’ Provident Fund Scheme (EPF), while from the employer's share of 12%, 3.67% goes to the Employees’ Provident Fund and 8.33% goes towards the Employees’ Pension Scheme (EPS) along with 1% contribution of the government while 0.5% contribution of the employer goes to the ...
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1 year, 133 days: 12 N. D. Tiwari (1925–2018) MP for Nainital: 19 October 1980 15 January 1982 1 year, 88 days: 13 Bhagwat Jha Azad (1922–2011) MP for Bhagalpur (MoS, I/C) 15 January 1982 2 September 1982 230 days: Minister of Labour and Rehabilitation 14 Veerendra Patil (1924–1997) MP for Bagalkot: 2 September 1982 31 October 1984 2 ...
Redundancy pay must be given, set at 15 days' average pay for each complete year of continuous service. An employee who has worked for 4 years in addition to various notices and due process, must be paid a minimum of the employee's wage equivalent to 60 days before retrenchment, if the government grants the employer a permission to lay off.