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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 ...
Employees' State Insurance Corporation (ESIC), established by ESI Act, is an autonomous corporation under Ministry of Labour and Employment, Government of India. As it is a legal entity, the corporation can raise loans and take measures for discharging such loans with the prior sanction of the central government and it can acquire both movable ...
The National Pension System (NPS) is a voluntary defined contribution pension system administered and regulated by the Pension Fund Regulatory and Development Authority (PFRDA), created by an Act of the Parliament of India. The NPS started with the decision of the Government of India to stop defined benefit pensions for all its employees who ...
The Bangalore Development Authority ( BDA) of Bangalore, India, is a governmental organization (referred to within India as a parastatal entity) and the principal planning authority for Bangalore. Its function, under the Karnataka Town and Country Planning Act of 1961, is as a regulatory body required "to prepare in the prescribed manner a ...
The entire 12% contribution of the employee goes towards the Employees’ Provident Fund Scheme (EPF), while from the employer's share of 12%, 3.67% goes to the Employees’ Provident Fund and 8.33% goes towards the Employees’ Pension Scheme (EPS) along with 1% contribution of the government while 0.5% contribution of the employer goes to the ...
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 ...
cm.karnataka.gov.in The Chief minister of Karnataka is the chief executive officer of the government of the Indian state of Karnataka . As per the Constitution of India , the governor of Karnataka is the state's de jure head, but de facto executive authority rests with the chief minister, a template applicable to all other Indian states.
Location in Mangalore city, Karnataka, India Coordinates: 12°47′23″N 74°51′26″E / 12.789670277214043°N 74.85718090380132°E / 12.789670277214043; 74.85718090380132 Country