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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 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.
Download QR code; Print/export Download as PDF; Printable version; In other projects ... Employees Provident Fund or Employees' Provident Fund refer to:
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 ...
Officials have positively identified the remains of a girl whose body was found hidden in brush under a plastic tarp in 1973, Pennsylvania authorities said this week. The remains belong to Ruth ...
The Margaret C. Whitman Stock Index From January 2008 to December 2012, if you bought shares in companies when Margaret C. Whitman joined the board, and sold them when she left, you would have a -69.9 percent return on your investment, compared to a -2.8 percent return from the S&P 500.
The US Department of Transportation has issued a new rule requiring airlines to follow more rigorous standards when it comes to airline passengers with disabilities.
Punch up salads, ice cream, casseroles—you name it—with these budget-friendly finds at TJ’s. Reviewed by Dietitian Emily Lachtrupp, M.S., RD
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