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EPFO is a social security organization under the Government of India that regulates and manages provident funds, pension schemes and insurance for employees in India. It was established in 1952 and has a Central Board of Trustees, a Universal Account Number and international agreements.
Learn about the history, functions, and dividends of the EPF, a federal statutory body that manages the compulsory savings plan and retirement planning for private sector workers in Malaysia. The EPF has 13.6 million members and RM 998 billion in assets as of 2020.
Provident fund is another name for pension fund that provides employees with lump sum payments at the time of exit from their place of employment. Learn about different types of provident funds around the world, such as India, Hong Kong, Singapore, Malaysia, Nepal, South Africa, Mexico, Kenya and China.
A voluntary savings-cum-tax-reduction social security instrument in India, introduced by the Ministry of Finance in 1968. It offers an investment with reasonable returns combined with income tax benefits, and has a minimum deposit of ₹ 500 and a maximum of ₹ 1.5 lacs per year.
A passbook or bankbook is a paper book used to record bank or building society transactions on a deposit account. Learn about the history, usage, and types of passbooks, and see examples of different passbooks from various countries.
Employees Provident Fund or Employees' Provident Fund refer to: Employees' Provident Fund Organisation, in India; Employees Provident Fund (Malaysia)
Learn about the social security scheme of employees in Sri Lanka under the Central Bank of Sri Lanka. Find out its history, assets, investments and related terms.
Employee benefits are non-wage compensation provided to employees in addition to their normal wages or salaries. They can be mandated by regulation or discretionary, and include housing, insurance, retirement, tuition, leave, and other benefits.
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related to: employee pf passbookRated A+ - Better Business Bureau