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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.
The Saudi National ID Card (Arabic: Biṭāgat Al-hawiyya Al-waṭaniyya بطاقة الهوية الوطنية), commonly known by its old colloquial name Biṭāgat Al-ʼaḥwāl (Arabic: بطاقة الأحوال [bɪˈtˤaːgat alʔaħˈwaːl]), is a Saudi Arabian identity card and proof of citizenship.
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.
It is part of the Digital India plan. The Digital India project aims to provide all government services to citizens electronically and is expected to be completed by 2018. [122] [123] In July 2014 the Employees' Provident Fund Organisation of India (EPFO) began linking provident fund accounts with Aadhaar numbers. [45]
Compulsory for citizens 16 and older, and compulsory for all non-citizen permanent residents. The older form of Identity Document, in the form of a green booklet, began being phased out in 2013. [91] Although passports and driver's licences are also acceptable forms of identification, banks only accept a national identity card.
The same year the present Karmachari Sanchaya Kosh (KSK), or Employees Provident Fund (EPF) in English, was established under the act as an autonomous provident fund organization. After the establishment of EPF, the erstwhile Sainik Drabya Kosh, Nijamati Provident Fund and Provident Fund Department were merged into the EPF. [ 4 ]
Step 2 – The existing bank will then forward the certified copy of the account, the account opening application, nomination form, and specimen signature. It will also forward the cheque/dd for the outstanding amount in the PPF account to the new bank at the branch specified by the customer.
Iqāma is the maṣdar form of the fourth stem (stem 'af`ala) from the triliteral root Q-W-M, which relates to setting things up, carrying things out, existence, and assorted other meanings. The word iqāma itself is multivalent, but its most common meaning outside the inauguration of prayer is in the context of immigration law , referring to a ...