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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.
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.
Anwar Ibrahim, the 10th prime minister of Malaysia, has made 38 international trips to 28 nations during his premiership, which began on 24 November 2022. [1]Anwar and Indonesian President Joko Widodo at a press conference. 9 January 2023 Anwar with his wife, Wan Azizah Wan Ismail with US President Joe Biden with the first lady Jill Biden during APEC 2023
The former first lady, 96, died on Nov. 19, 2023. Other coverage: Biden, Trump and other lawmakers honor the former president. World leaders remember Carter as a humanitarian and peacemaker.
Kate Middleton and Prince William just made their first official couples appearance together of the year! The royal duo joined forces to wish Team Great Britain congratulations on their Olympic ...
John Wall was at the G League Winter Showcase last year, trying out, hoping to get back in the game. The No. 1 pick in the 2010 NBA draft and five-time All-Star made his broadcasting debut this ...
The fund receives contributions from the Federal Government of Malaysia, statutory bodies and local authorities. [1] The contributions are invested by the fund in a mix of equities, bonds, property, private equity and infrastructure, with the investment returns used to finance the government's pension liabilities.
Sino-Portuguese Joint Declaration; Joint Declaration on the Doctrine of Justification; Joint Declaration by Members of the United Nations, in 1942 by the American and British governments on behalf of the Allied Powers, relating to the Holocaust; June 15th North–South Joint Declaration; Joint Declaration: Challenges to Freedom of Expression in ...