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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.
A two-wheeler is a vehicle that runs on two wheels. The two wheels may be arranged in tandem, one behind the other, as with single-track vehicles, or arranged and also side by side, on the same axle. If on the same axle, the vehicle may have no other support, as with dicycles, or have additional support, which is often also the source of motive ...
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 ...
For two-wheeled vehicles such as motorcycles and bicycles, the term is used to describe vehicles that can power the front as well as the back wheel. The term 2x2 is also used to denote two total wheels with both being driven. 2x2 vehicles are typically either mechanically driven, via a chain, belt, or shaft, or are hydraulic-driven. This scheme ...
Download QR code; Print/export Download as PDF; Printable version; ... Employees Provident Fund or Employees' Provident Fund refer to: Employees' Provident Fund ...
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.
Two-wheeler insurance is a type of insurance that is mandatory in India. Falling under the General insurance product category, it helps protect people against accidents that take place on the road. Active two wheeler insurance shields the vehicle owner from any unforeseen occurrences like the accident or any serious damage to the motor vehicle.
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