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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.
Step 2 – The existing bank will then forward the certified copy of the account, the account opening application, nomination form, and specimen signature. It will also forward the cheque/dd for the outstanding amount in the PPF account to the new bank at the branch specified by the customer.
A letter of credence (French: Lettre de créance, [lɛtʁ də kʁeɑ̃s]) is a formal diplomatic letter that designates a diplomat as ambassador to another sovereign state. Commonly known as diplomatic credentials , the letter is addressed from one head of state to another, asking them to give credence ( French : créance ) to the ambassador's ...
Legally, the EPF is only obligated to provide 2.5% dividends (as per Section 27 of the Employees Provident Fund Act 1991). [7] 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.
Embassy [93] Republic of China (Taiwan) Taipei: Association [94] Tajikistan: Dushanbe: Embassy Thailand: Bangkok: Embassy [95] Chiang Mai: Consulate [95] Timor-Leste: Dili: Embassy [96] Turkey: Ankara: Embassy Istanbul: Consulate-General Turkmenistan: Ashgabat: Embassy United Arab Emirates: Abu Dhabi: Embassy Dubai: Consulate-General Uzbekistan ...
A medallion signature guarantee is a binding warranty, issued by an agent of the authorized guarantor institution, that: (a) the signature was genuine; (b) the signer was an appropriate person to endorse, and (c) the signer had legal capacity to sign. A medallion signature guarantee is not equivalent to a US notarial Acknowledgment. [1]
A guarantee ensures the fulfilment of international obligations by a state promising to help another state fulfill its obligations when they are hindered by a third party. [ 1 ] Previously, other methods to ensure fulfillment of international obligations, like oaths or the receiving of hostages , were also called guarantees.
The Multilateral Investment Guarantee Agency (MIGA) is an international financial institution which offers political risk insurance and credit enhancement guarantees. These guarantees help investors protect foreign direct investments against political and non-commercial risks in developing countries . [ 2 ]