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However, employee’s contribution is 12% of the basic wage as per sec.2(b) of the act and employer’s share of contribution is also 12% of the basic wage as per sec.2(b) of the act. In employer contribution of 12%, 8.33% transfer to EPS (Employee Pension Scheme) and 3.67% transfer to EPF (Employee Provident Fund).
Threshold signature: A threshold signature involves a fixed-size quorum (threshold) of signers. Each signer must be a genuine group member with a share of a group secret signing key. A (t,n) threshold signature scheme supports n potential signers, any t of which can sign on behalf of the group.
Digital authentication, or e-authentication, may be used synonymously when referring to the authentication process that confirms or certifies a person's identity and works. When used in conjunction with an electronic signature , it can provide evidence of whether data received has been tampered with after being signed by its original sender.
A digital signature is an authentication mechanism that enables the creator of the message to attach a code that acts as a signature. The Digital Signature Algorithm (DSA), developed by the National Institute of Standards and Technology, is one of many examples of a signing algorithm. In the following discussion, 1 n refers to a unary number.
Digital attendance: attendance.gov.in was launched by PM Narendra Modi on 1 July 2015, [7] to keep a record of the attendance of Government employees on a real-time basis. [20] This initiative started with implementation of a common Biometric Attendance System (BAS) in the central Government offices located in Delhi. [21] Back-end digitization
An electronic signature, or e-signature, is data that is logically associated with other data and which is used by the signatory to sign the associated data. [1] [2] [3] This type of signature has the same legal standing as a handwritten signature as long as it adheres to the requirements of the specific regulation under which it was created (e.g., eIDAS in the European Union, NIST-DSS in the ...
The Digital Signature Algorithm (DSA) is a public-key cryptosystem and Federal Information Processing Standard for digital signatures, based on the mathematical concept of modular exponentiation and the discrete logarithm problem. In a public-key cryptosystem, a pair of private and public keys are created: data encrypted with either key can ...
Employees Provident Fund or Employees' Provident Fund refer to: Employees' Provident Fund Organisation, in India; Employees Provident Fund (Malaysia)