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The NPS started with the decision of the Government of India to stop defined benefit pensions for all its employees who joined after 1 January 2004. While the scheme was initially designed for government employees only, it was opened up for all citizens of India in 2009. NPS is an attempt by the government to create a pensioned society in India.
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 ...
He served as the chief executive officer (CEO) of the Employees Provident Fund (EPF) from March 2021 to his resignation and political appointments in December 2023. [1] He is the eldest son of Azizan Zainul Abidin , the former Chairman, President and CEO of Petronas .
(EPFO)Employees' Provident Fund Organisation- Employees Provident Fund Organisation. 2 See also. 3 References. Toggle the table of contents.
EPF may refer to: .epf, a file extension for CadSoft Eagle project files; Early pregnancy factor; Eclipse process framework, an open source project; Electricity price forecasting; Employees Provident Fund (disambiguation) Endangered Planet Foundation, an American conservation organization; Ensuring Positive Futures, a British employment program
The Public Provident Fund (PPF) is a voluntary savings-cum-tax-reduction social security instrument in India, [1] introduced by the National Savings Institute of the Ministry of Finance in 1968.
TeamLease Services Limited is an Indian recruitment and human resources services company established in 2000 with its headquarters in Bengaluru, Karnataka. [2] The company operates nine offices across India, with locations in Bangalore, Mumbai, Pune, Delhi, Ahmedabad, Kolkata, Hyderabad, Chennai, and Bhubaneshwar. [3]
Jeevan Pramaan is a Life Certificate program affiliated with Aadhaar for people with pensions. [1] It was started by Prime Minister Narendra Modi on 10 November 2014. [2] [3]The certificate was made for people who receive pensions from central or state governments or other government organisations.