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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 ...
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 Ministry of Finance is a ministry of the Government of Maharashtra. It is responsible for preparing annual plans for the development of Maharashtra state. [1] [2] The Ministry is headed by a Cabinet level Minister. Ajit Pawar is current Deputy Chief Minister of Maharashtra and Minister of Finance.
The Global Policy Forum (GPF) is an international non-governmental organization founded in December 1993 and based in New York and Bonn (Global Policy Forum Europe). [1] The aim of the Global Policy Forum is to critically accompany and analyze developments in the United Nations and on the topic of global governance. Thereby a bridge between the ...
The Global Philanthropy Forum (GPF) is an initiative of the World Affairs Council which acts as a peer-learning network of philanthropists — grant-makers and social investors — committed to advancing equity and opportunity in the developing world. Its community of donors and social investors work on international causes through strategic ...
The Public Provident Fund (PPF) is a voluntary savings-cum-tax-reduction social security 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 for social security during uncertain times by offering an investment with reasonable returns ...
Mumbai hosts the largest urban economy of any city in India as it is the financial capital of an almost US$ 4 trillion Indian economy in nominal terms. According to recent estimates Mumbai Metro 's nominal GDP is estimated to be US$277.98 billion, [2][3][4][5] and GDP (PPP) is estimated to be US400 billion, [6][7][8][9] Mumbai's GDP (PPP) per ...
Expenses. ₹4.95 lakh crore (US$59 billion) (2022–23 est.) [14] All values, unless otherwise stated, are in US dollars. The economy of the state of Maharashtra is the largest in India. [15] Maharashtra is India's second most industrialised state contributing 20% of national industrial output. Almost 46% of the GSDP is contributed by industry.