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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.
On 10 December 2018, the Government of India made NPS an entirely tax-free instrument in India where the entire corpus escapes tax at maturity; the 40% annuity also became tax-free. [11] Any individual who is a subscriber of NPS can claim tax benefit for Tier-I account under Sec 80 CCD (1) within the overall ceiling of ₹1.5 lakhs under Sec 80 ...
Legally, the EPF is only obligated to provide 2.5% dividends (as per Section 27 of the Employees Provident Fund Act 1991). [7] 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.
This is an accepted version of this page This is the latest accepted revision, reviewed on 11 December 2024. BBC news programme World News Today Final title card, used from 2019 to 2020. Created by BBC World News Presented by Philippa Thomas Karin Giannone Kasia Madera (Fri) Alpa Patel (Sat-Sun) Country of origin United Kingdom Original language English Production Production locations Studio C ...
Elephind – text searchable free database with access to over 200 million items from 4,345 newspaper titles. Florida Digital Newspaper Collection; Georgia (US State) Historic Newspapers - provides 984 newspaper titles from 1763 to the present day. Google News Archive — an unsupported (abandoned) database. Most useful to find a specific date ...
Provident fund is another name for pension fund.Its purpose is to provide employees with lump sum payments at the time of exit from their place of employment. This differs from pension funds, which have elements of both lump sum as well as monthly pension payments.
The Mandatory Provident Fund (Chinese: 強制性公積金), often abbreviated as MPF (強積金), is a compulsory saving scheme (pension fund) for the retirement of residents in Hong Kong. Most employees and their employers are required to contribute monthly to mandatory provident fund schemes provided by approved private organisations ...
.epf, a file extension for CadSoft Eagle project files Eclipse process framework , an open source project Club Penguin: Elite Penguin Force , a game released for the Nintendo DS