Ads
related to: epfo form 2 revised pdf fill up online version freepdfsimpli.com has been visited by 1M+ users in the past month
- Compress PDF
We Convert And Edit Any Type
Of Document Easily. Call Us.
- PowerPoint To PDF
Our Software Makes PPT To PDF File
Conversion Easy. Get Started Now!
- Compress PDF
thebestpdf.com has been visited by 100K+ users in the past month
Search results
Results from the WOW.Com Content Network
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.
Form LM-2, along with several other forms, was developed by the OLMS to fulfill the Labor Management Reporting and Disclosure Act of 1959 reporting requirements. [2] In 2002, the OLMS rewrote parts of LM-2 in an effort to increase transparency. [3] Since 2005, all organizations have been required to file the form electronically. [4]
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 ]
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.
The account can be transferred to other branches/ other banks or Post Offices and vice versa upon request by the subscriber. The service is free of charges. [3] Step 1 – Approach the bank or post office branch where the PPF account is held and ask for the form for making the transfer.
On 10 December 2018, the Government of India made NPS an entirely tax-free instrument in India where the entire corpus escapes tax at maturity; the 40% annuity also became tax-free. [11] Any individual who is a subscriber of NPS can claim tax benefit for Tier-I account under Sec 80 CCD (1) within the overall ceiling of ₹1.5 lakhs under Sec 80 ...
Ads
related to: epfo form 2 revised pdf fill up online version freepdfsimpli.com has been visited by 1M+ users in the past month
thebestpdf.com has been visited by 100K+ users in the past month