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The Employees' Provident Fund Organisation (EPFO) holds a pivotal role in India's social security system, dedicated to ensuring the financial security of employees. Operating under the jurisdiction of the Government of India's Ministry of Labour and Employment, the EPFO is entrusted with the regulation and oversight of provident funds in the nation, in conjunction with the Employees' State ...
The Public Provident Fund ( PPF) is a savings-cum-tax-saving 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 by offering an investment with reasonable returns combined with income tax benefits. [2] The scheme is offered by the Central Government. Balance in the PPF account is not ...
In July 2014 the Employees' Provident Fund Organisation of India (EPFO) began linking provident fund accounts with Aadhaar numbers. In November 2014 the EPFO became a UIDAI registrar and began issuing Aadhaar number to provident fund subscribers.
Employees Provident Fund or Employees' Provident Fund refer to: Employees' Provident Fund Organisation, in India. Employees Provident Fund (Malaysia) Employees Provident Fund Nepal. Employees' Provident Fund (Sri Lanka)
National Pension System, like PPF and EPF, is an EEE (Exempt-Exempt-Exempt) instrument in India where the entire corpus escapes tax at maturity and the entire pension withdrawal amount is tax-free. [3]
Malaysian EPF was established in 1 October 1951 [2] pursuant to the Employees Provident Fund Ordinance 1951, under the National Director of Posts. This law became the EPF Act 1951. In 1982, then the EPF Act 1991 in 1991. The EPF Act 1991 [3] requires employees and their employers to contribute towards their retirement savings, and allows workers to withdraw these savings at retirement or for ...
The Mandatory Provident Fund ( Chinese: 強制性公積金 ), often abbreviated as MPF ( 強積金 ), is a compulsory saving scheme ( pension fund) for the retirement of residents in Hong Kong. Most employees and their employers are required to contribute monthly to mandatory provident fund schemes provided by approved private organisations ...
As per latest publications dated 23 March 2024 from Election Commission of India, and subsequent notifications, there are 6 national parties, [1] 57 state parties, [2] [b] and 2,764 unrecognised parties. [6] All registered parties contesting elections need to choose a symbol from a list of available symbols offered by the EC.