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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 ...
Legally, the EPF is only obligated to provide 2.5% dividends (as per Section 27 of the Employees Provident Fund Act 1991). 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.
The Employees' Provident Fund, abbreviated to EPF, is a social security scheme of employees in Sri Lanka under the Central Bank of Sri Lanka. It was established under Act No. 15 of 1958 by S. W. R. D. Bandaranaike, [3] and as of December 2010, it had Rs 899.6 billion, which is equivalent to 16% of the GDP. [4]
A UK team of archaeologists on Thursday revealed the reconstructed face of a 75,000-year-old Neanderthal woman as researchers reappraise the perception of the species as brutish and ...
e. Unified Mobile Application for New-age Governance ( UMANG) is a mobile app, a Digital India initiative [1] of Ministry of Electronics and Information Technology (in short form MeitY [2] ), by the Government of India for access to central and state government services. The app supports 23 Indian languages and is available for Android and iOS .
Iran and the United Nations' nuclear watchdog are still negotiating over how to implement a deal struck last year to expand inspections of the Islamic Republic's rapidly advancing atomic program ...
Michael Richards reunited with Jerry Seinfeld on the red carpet at the premiere of Seinfeld's new movie, "Unfrosted," ahead of his memoir release.
From January 2008 to December 2012, if you bought shares in companies when Richard B. Myers joined the board, and sold them when he left, you would have a 4.8 percent return on your investment, compared to a -2.8 percent return from the S&P 500.