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The Board administers a contributory provident fund, pension scheme and an insurance scheme for the workforce engaged in the organised sector in India. [9] The board is chaired by the Union Labour Minister of India. Presently, the following three schemes are in operation under the Act: Employees' Provident Fund Scheme, 1952
The Public Provident Fund (PPF) is a voluntary savings-tax-reduction social security instrument in India, [1] introduced by the National Savings Institute of the Ministry of Finance in 1968. The scheme's main objective is to mobilize small savings for social security during uncertain times by offering an investment with reasonable returns ...
Pension Fund Regulatory and Development Authority (PFRDA) is the regulatory body for overall supervision and regulation of pensions in India. [2] It operates under the jurisdiction of Ministry of Finance in the Government of India.
JPEG 2000; enhanced support for embedding and playback of multimedia; object streams; cross reference streams; XML Forms Data Format (XFDF) for interactive form submission (replaced the XML format in PDF 1.4); support for forms, rich text elements and attributes based on Adobe's XML Forms Architecture (XFA) 2.02 (which defines only static XFA ...
It can also be used to export form data to stand-alone files that can be imported back into the corresponding PDF interactive form. As of August 2019, XFDF 3.0 is an ISO/IEC standard under the formal name ISO 19444-1:2019 - Document management — XML Forms Data Format — Part 1: Use of ISO 32000-2 (XFDF 3.0). [57]
The bill was passed by the Lok Sabha on 30 July 2019. [6] The bill was passed by the Rajya Sabha on 2 August 2019. [7] The bill received assent from President Ram Nath Kovind on 8 August, and was notified in The Gazette of India on the same date. [8] The Union Ministry of Labour issued draft rules under section 67 of the Act on 7 July 2020 in ...
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In 2017 Union budget of India, 25% exemption of the contribution made by an employee has been announced as a form of premature partial withdrawal in NPS. [26] This amendment will take effect on 1 April 2018 and will, accordingly, apply in relation to the assessment year 2018-19. [27] [28] NPS is a market-linked annuity product. [29]
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