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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 ...
Public Provident Fund (India) 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. The scheme's main objective is to mobilize small savings for social security during uncertain times by offering an ...
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 ...
The National Pension System (NPS) is a voluntary defined contribution pension system administered and regulated by the Pension Fund Regulatory and Development Authority (PFRDA), created by an Act of the Parliament of India. The NPS started with the decision of the Government of India to stop defined benefit pensions for all its employees who ...
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)
CURRENT HEAD : Shri Shaktikanta Das. 2. SEBI – Securities and Exchange Board of India. Sector: Securities (Stock) & Capital Market Year of Establishment 1992 Current Head-Madhabi Puri Buch. 3. IRDAI – Insurance Regulatory and Development Authority of India. Sector: Insurance. Year of establishment -1999. 4.
This is India's flagship assistance for housing designed specifically to reduce rural and urban homelessness and poverty. Under the scheme, financial assistance worth ₹ 420,000 (US$5,000) in plain areas and ₹ 530,000 (US$6,400) in difficult areas (high land area) is provided for construction or upgradation of houses for low income groups ...
The Unique Identification Authority of India (UIDAI) is a statutory authority and a government department, established on 12 July 2016 by the Government of India under the jurisdiction of the Ministry of Electronics and Information Technology, following the provisions of the Aadhaar Act 2016.