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The EPFO administers the retirement plan for employees in India, which comprises the mandatory provident fund, a basic pension scheme and a disability/death insurance scheme. It also manages social security agreements with other countries. International workers are covered under EPFO plans in countries where bilateral agreements have been signed.
1 year 319 days: 7 years 234 days: Prithviraj Chavan ministry: 7-December-2012 28-September-2014 1 year 219 days: Devendra Fadnavis: 23-November-2019 26-November-2019 3 days: Second Fadnavis ministry: Uddhav Thackeray: 30-December-2019 29-June-2022 2 years 181 days: Thackeray ministry: Eknath Shinde: 2-July-2023 5-December-2024 1 year 156 days ...
The Nationalist Congress Party – Sharadchandra Pawar or NCP–SP is a political party in India formed under the leadership of Sharadchandra Pawar. [1] It was formed after Election Commission of India recognised the group led by Ajit Pawar as the original Nationalist Congress Party .
Employees' State Insurance Corporation (ESIC), established by ESI Act, is an autonomous organisation under Ministry of Labour and Employment, Government of India.As it is a legal entity, the corporation can raise loans and take measures for discharging such loans with the prior sanction of the central government and it can acquire both movable and immovable property and all incomes from the ...
1 year, 133 days: 12 N. D. Tiwari (1925–2018) MP for Nainital: 19 October 1980 15 January 1982 1 year, 88 days: 13 Bhagwat Jha Azad (1922–2011) MP for Bhagalpur (MoS, I/C) 15 January 1982 2 September 1982 230 days: Minister of Labour and Rehabilitation 14 Veerendra Patil (1924–1997) MP for Bagalkot: 2 September 1982 31 October 1984 2 ...
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The entire 12% contribution of the employee goes towards the Employees’ Provident Fund Scheme (EPF), while from the employer's share of 12%, 3.67% goes to the Employees’ Provident Fund and 8.33% goes towards the Employees’ Pension Scheme (EPS) along with 1% contribution of the government while 0.5% contribution of the employer goes to the ...
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 ...