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The Kendriya Vidyalaya Sangathan (transl. Central Schools Organisation) is a system of central government schools in India governed by the Ministry of Education, Government of India. As of April 2023 [update] , it has a total of 1,253 schools in India , and three abroad, in Kathmandu , Moscow and Tehran .
Basic pension: Provident fund system: N/A: N/A Hungary: Social assistance: Private pension fund: Voluntary pension fund: N/A India: Social assistance: Mandatory Provident Fund: Voluntary pension insurance: Individual private pension plans Ireland: Basic pension: Social insurance system Pay Related Social Insurance: Occupational pension schemes ...
The three Kendriya Vidyalayas outside India are in Kathmandu, Moscow, and Tehran, situated inside Embassies in these countries and their expenditures are borne by the Ministry of External Affairs. [ 2 ] [ 5 ] They are intended for children of Indian embassy staff and other expatriate employees of the government of India, including State Bank of ...
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Defined benefit (DB) pension plan is a type of pension plan in which an employer/sponsor promises a specified pension payment, lump-sum, or combination thereof on retirement that depends on an employee's earnings history, tenure of service and age, rather than depending directly on individual investment returns. Traditionally, many governmental ...
The federal government and local governments are entitled to levy taxes on citizens and companies. The federal government currently levies a value added tax, corporate income tax, and excise taxes. Some emirates levy property, transfer, excise and tourism taxes. Some emirates also charge corporate taxes on oil companies and foreign banks.
A pension fund, also known as a superannuation fund in some countries, is any program, fund, or scheme which provides retirement income.The U.S. Government's Social Security Trust Fund, which oversees $2.57 trillion in assets, is the world's largest public pension fund.
The Government Pension Investment Fund (GPIF) states that it has been established on the following investment principles: The overarching goal should be achieve the investment returns required for the public pension system with minimal risks, solely for the benefit of pension recipients from a long-term perspective, thereby contributing to the stability of the system.