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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.
Form 10BA is a declaration form that is used by a certain section of assessees while filing income tax returns in India. The form is a declaration by the assessee. The format is specified by the Income Tax Department of India. Form 10BA applies to a certain section of assessees who are required to claim deductions under section 80GG.
A 2021 study found that the treadmill is the most effective cardio machine for weight loss. A trainer explains why—and reveals the best treadmill workouts.
Federal prosecutors accused top real estate agents Tal and Oren Alexander and their brother, Alon, of drugging and raping “dozens of victims” over more than a decade.
(EPFO)Employees' Provident Fund Organisation- Employees Provident Fund Organisation. 2 See also. 3 References. Toggle the table of contents. List of regulators in India.
When you think of a yule log, you probably picture a roaring, wood-burning fire casting a warm light on an ornament-adorned Christmas tree.Or perhaps you have a sweet tooth and the first thing ...
The unique ID also qualifies as a valid ID while availing various government services such as a LPG connection, a subsidised ration, kerosene from the PDS, or benefits under NSAP or pension schemes, e-sign, a digital locker, [44] a Universal Account Number (UAN) under EPFO, [45] and some other services such as a SIM card or opening a bank account.