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Reverse mortgage: A reverse mortgage is a loan taken out against your current home, in which a lender pays you monthly installments; these must be repaid, or the home surrendered to the lender ...
DTI = Monthly debt payments (including mortgage or rent) / monthly gross income x 100. Some lenders allow a DTI ratio as high as 50 percent, but most prefer to see you spend less than 45 percent ...
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' Provident Fund ( EPF; Malay: Kumpulan Wang Simpanan Pekerja, KWSP) is a federal statutory body under the purview of the Ministry of Finance. It manages the compulsory savings plan and retirement planning for private sector workers in Malaysia. Membership of the EPF is mandatory for Malaysian citizens employed in the private sector ...
Henry Olonga. Henry Khaaba Olonga (born 3 July 1976) is a Zimbabwean former cricketer, who played Test and One Day International (ODI) cricket for Zimbabwe. [1] In domestic first-class cricket in Zimbabwe, Olonga played for Matabeleland, Mashonaland and Manicaland. [2] When he made his Test debut in January 1995, he was the first black ...
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 ...
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