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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.
If a subscriber wants to choose this option, he must submit Form H to the bank where he has a PPF account within one year from the maturity date (before completing 16 years in PPF). With this option, the subscriber can only withdraw a maximum of 60% of his PPF amount (the amount in the PPF account at the beginning of the extended period) within ...
The employer of every employee to whom this Act applies shall be liable to pay an amount equal to three per centum (3%) of the total earnings including Wages, salary or fees, Cost of living allowance, special living allowance and other similar allowances, Payment in respect of holidays, The cost value of cooked or uncooked food provided by the employer to employees, Meal allowance and Any ...
The Irish could claim the program's first national championship since 1988 by matching the Ducks' quick-strike offense with a methodical running game and an unbending defense. Oregon wins by ...
Pumpkin pie and apple pie are a classic way to complete the Thanksgiving dinner. Both desserts feature fall fruits and spices, a flaky crust and a sweet scent that signals warmth and coziness ...
Place a wire rack in a parchment-lined baking sheet. In a food processor, pulse cookies until fine crumbs form. In the large bowl of a stand mixer fitted with the paddle attachment, beat cream ...
A composite number is a positive integer that can be formed by multiplying two smaller positive integers. Accordingly it is a positive integer that has at least one divisor other than 1 and itself. [ 1 ] [ 2 ] Every positive integer is composite, prime , or the unit 1, so the composite numbers are exactly the numbers that are not prime and not ...