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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.
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.
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 ...
Fortune 500 companies, burgeoning crypto firms and individual billionaires are racing to help underwrite Donald Trump’s upcoming inauguration – pledging seven-figure donations apiece to next ...
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Older Dogs and Joint Issues. Just like humans with arthritis, older dogs can develop joint issues, which manifests as pain and stiffness in their joints.
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 ...
27 years ago, comedian Chris Farley’s life came to a tragic end.. The Wisconsin-born star was discovered dead in his Chicago apartment from an apparent drug overdose on Dec. 18, 1997. He was 33 ...