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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.
A digital business card is an electronic version of the traditional paper business card. It is essentially a digital profile that contains contact information and other relevant details. [ 1 ] These cards can be shared electronically, often through QR codes , links, or NFC tags.
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To facilitate the dual function of the National Guard Bureau, the Departments of the Army and Air Force, along with the NGB, reorganized the latter agency on October 1, 1948. This reorganization established the NGB as a Bureau of the Department of the Army and an agency of the Department of the Air Force.
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In June 2020, NGB hired Morgan Stanley to advise on bad debt sales. [36] In March 2021, NGB announced the project Frontier 2 for reducing the non-performing credit exposure ratio from 13.6 percent to 6-7 percent. [37] National Bank of Greece's impaired loans fell to 4.2 billion euros in the first quarter of 2021. [38]