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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.
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.
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.
Seven countries, an ocean and over a thousand miles stand between them and their dreams for a future
The Mystics co-owner’s remarks about the cover garnered backlash from the sports world. Women’s tennis legend Chris Evert, in a reply on X, wrote that Clark “deserves this award because of ...
Application forms are the second most common hiring instrument next to personal interviews. [9] Companies will occasionally use two types of application forms, short and long. [citation needed] They help companies with initial screening and the longer form can be used for other purposes as well [clarify]. The answers that applicants choose to ...
Dogs can eat some "human foods," but it's hard to keep track of what your pet can and cannot consume. Many ask, is cheese safe for my dog?
Great Value's Cream Cheese won consistently high marks across all of our editors' tastings for its balance of sweetness, tartness, and saltiness.