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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.
Legally, the EPF is only obligated to provide 2.5% dividends (as per Section 27 of the Employees Provident Fund Act 1991). [8] 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 EPFO's top decision-making body is the Central Board of Trustees (CBT), [2] [3] a statutory body established by the Employees' Provident Fund and Miscellaneous Provisions (EPF&MP) Act, 1952. [4] As of 2021, more than ₹ 15.6 lakh crore (US$209 billion) are under EPFO management.
The family of Elin Etienne told NBC News and local media outlets WPLG and WSVN that the 71-year-old was admitted to the nursing center on Aug. 14 as he recovered from a brain aneurysm. A week ...
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 ...
02:25. ISTANBUL, Turkey — Two U.S. Marines were assaulted by a group of young nationalists in Turkey on Monday, officials in both countries said, with one attacker placing a bag over the head of ...
Seacrest, in. New “Wheel of Fortune” host Ryan Seacrest kicked off his tenure as the new host of the syndicated “Wheel of Fortune” with a healthy boost in the nation’s major TV markets.
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 ]