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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
In 2021, withdrawal rules at the time of maturity was changed, and a person can withdraw entire NPS corpus lump sum if it is Rs 5 lakh or less, but 40% will be taxable. [16] [17] Contributions to NPS receive tax exemptions under Section 80C, Section 80CCC, and Section 80CCD(1) of the Income Tax Act. Starting from 2016, an additional tax benefit ...
The personal needs allowance is the time that is associated with workers’ daily personal needs which include going to the restroom, phone calls, going to the water fountain, and similar interruptions of a personal nature. However, it is categorized as 5%, but it also depends on the work environment, e.g. in terms of discomfort and temperature.
Body sections appear after the lead and table of contents (click on image for larger view). Headings introduce sections and subsections, clarify articles by breaking up text, organize content, and populate the table of contents. Very short sections and subsections clutter an article with headings and inhibit the flow of the prose.
A table of contents from a book about cats with descriptive text. A table of contents, usually headed simply Contents and abbreviated informally as TOC, is a list, usually found on a page before the start of a written work, of its chapter or section titles or brief descriptions with their commencing page numbers.
Edit-tricks are most useful when multiple tables must be changed, then the time needed to develop complex edit-patterns can be applied to each table. For each table, insert an alpha-prefix on each column (making each row-token "|-" to sort as column zero, like prefix "Row124col00"), then sort into a new file, and then de-prefix the column entries.
Provident fund is another name for pension fund.Its purpose is to provide employees with lump sum payments at the time of exit from their place of employment. This differs from pension funds, which have elements of both lump sum as well as monthly pension payments.
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