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Employees' State Insurance Corporation (ESIC), established by ESI Act, is an autonomous organisation under Ministry of Labour and Employment, Government of India.As it is a legal entity, the corporation can raise loans and take measures for discharging such loans with the prior sanction of the central government and it can acquire both movable and immovable property and all incomes from the ...
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.
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 ...
You can get your refund deposited to a bank account, prepaid debit card, or mobile app so long as you have a routing and account number. Avoid inaccurate returns
Filing Method. Filing to Refund Timeline. E-file with Direct Deposit. One to three weeks. E-file with the check mailed to you. One month. Paper file with Direct Deposit
Generally, you can expect to receive your state tax refund within 30 days if you filed your tax return electronically. If you filed a paper tax return, it may take as many as 12 weeks for your ...
The scheme is available to those employees who are registered under the Employees' State Insurance (ESI) scheme. [ 9 ] Employees in the Private Sector : Individuals employed in private sector companies that deduct Provident Fund (PF) or Employees' State Insurance (ESI) from their monthly salaries are eligible to participate in the scheme.
Mandatory Provident Fund [72] Vanuatu National Provident Fund - The Vanuatu National Provident Fund is a compulsory savings scheme for Employees who receive a salary of Vt3, 000 or more a month, to help them financially at retirement. Central Provident Fund [73] Employees Provident Fund (Malaysia) [74] Pensions in Chile