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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.
Along with these services like the Online Pass-Book, SMS services on each deposit of contribution and online KYC updates can be provided based on the UAN, which enables transfer of the balance from one EPF to another. [11] A new (2018) UAN portal allows members to check EPF balances and UAN status, [12] download a UAN EPF passbook, [13] view a ...
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 ...
On Thursday, Sept. 5, the former Bull Durham costars came back together 36 years after the romantic sports comedy's 1988 release for the Better World Fund Gala, which took place during the 81st ...
An analysis published in July by economists at the Treasury Department found that the median worker can afford the same representative basket of goods and services as they did in 2019 — plus ...
Emma Witters, a 56-year-old tourist and YouTuber from the United Kingdom, has visited Afghanistan solo four times since the Taliban retook Afghanistan. Witters felt “safe” as a female tourist ...
One Hezbollah militant is killed. (Reuters) (Al Jazeera) Two Israeli soldiers are killed and eight others are injured in Hezbollah drone and anti-tank missile attacks on the Israel–Lebanon border. (The Times of Israel) Israel–Hamas war. Israeli incursions in the West Bank during the Israel–Hamas war.
August 18, 2024 at 6:06 PM. (Reuters) - Ernesto regained hurricane strength on Sunday and the storm was causing dangerous rip currents on beaches along the U.S. East Coast and Canada, the U.S ...