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Several cases involving PF evasion of hundreds of Crores were forwarded to CBI for causing investigation into the culpability / connivance of EPFO officers and employers. A large number of Departmental Proceedings, both for Major penalty & Minor penalty, were initiated which culminated in imposing appropriate penalty by the Disciplinary Authority.
Fund for all employees working directly under the government and for all employees working under governmental Parastatal organization [3] [4] The NSSF was founded in 1997 as the successor to the defunct National Provident Fund (NPF). NSSF covers all other employers in the country and participation for both employers and employees is compulsory.
USNS Apalachicola (T-EPF-13) is the thirteenth Spearhead-class expeditionary fast transport and operated by the United States Navy ' s Military Sealift Command. [1] It is the second ship in naval service named after Apalachicola, Florida .
The Home Development Mutual Fund (HDMF), commonly known as the Pag-IBIG (Pagtutulungan sa Kinabukasan, Ikaw, Bangko, Industriya at Gobyerno) Fund, [a] is a government-owned and controlled corporation under the Department of Human Settlements and Urban Development of the Philippines responsible for the administration of the national savings program and affordable shelter financing for Filipinos.
A forensic audit carried out by KPMG revealed that the Employees' Provident Fund (EPF) had bought stocks in Brown and Company worth LKR737 million without approval from its investment committee. In some cases, the deal ticket of the transaction was unsigned, therefore the dealer could not be identified.
EOBI operates on the partially funded basis. The insured person as well as the employer of the insured person are supposed to make contribution to EOBI during the period of insurable employment. Employers are supposed to pay 5% of the minimum wages prescribed by the government while employees are supposed to pay 1% of the minimum wages.
Government employees in the union government in 56 ministries [1] and departments under latter as of 1 July 2023 has 48.67 lakhs working employees and 67.95 retired employees on rolls. [2] [1] [3] Indian Railways with 1.3 million employees has highest number of employees in union government. [4]
He was chairman of the audit committee of Employees Provident Fund (EPF) (1991-1992) and Director and Chairman of the audit committees of several public listed companies listed with the Kuala Lumpur Stock Exchange. From 1994 he was Deputy President of the Malay Chamber of Commerce Malaysia and later its President.