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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.
Print/export Download as PDF; Printable version; In other projects ... Employees Provident Fund or Employees' Provident Fund refer to: Employees' Provident Fund ...
The history of Provident Fund (PF) in Nepal dates back to 1934 when the PF scheme came into existence with the establishment of Sainik Drabya Kosh (Army Provident Fund) during the Rana Regime. [4] The scheme was initiated with the intentions of removing financial hardships to the army personnel after their retirement. Under the scheme, the army ...
A 276-kilogram bluefin tuna that was auctioned for 207 million Japanese yen (about $1.3 million) is carried into an Onodera sushi restaurant after the first tuna auction of the New Year in Tokyo ...
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How to get started with kettlebell training. Kettlebells are a great tool for anyone new to weight training because they’re small, simple and versatile.
Various forms of specific first aid are used to address and resolve choking. Choking is the fourth leading cause of unintentional injury death in the United States. [7] [3] Many episodes go unreported because they are brief and resolve without needing medical attention. [8]
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