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The Public Provident Fund ( PPF) is a savings-cum-tax-saving 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 by offering an investment with reasonable returns combined with income tax benefits. [2]
Provident fund is another name for pension fund. Its purpose is to provide employees with lump sum payments at the time of exit from their place of employment. This differs from pension funds, which have elements of both lump sum as well as monthly pension payments. As far as differences between gratuity and provident funds are concerned ...
The Tournament of Champions (TOC) is a national high school speech and debate tournament held at the University of Kentucky every year in a weekend in April. Tournament of Champions is considered to be the national championship of the “National Circuit", and is one of the most prestigious and competitive American high school speech and debate ...
5. Financial stocks. Financial stocks are another area to consider if rates stay higher for longer because companies such as banks and insurers benefit from higher interest rates. Banks are able ...
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The Employees' Provident Fund Organisation (EPFO) is one of the two main social security organization under the Government of India's Ministry of Labour and Employment and is responsible for regulation and management of provident funds in India, the other being Employees' State Insurance. The EPFO administers the retirement plan for employees ...
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