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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.
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 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 ]
Complete withdrawal. Extend the PPF account with no contribution – The PPF account can be extended after the completion of 15 years; the subscriber doesn't need to put any amount after maturity. This is the default option, meaning if the subscriber doesn't take any action within one year of his PPF account maturity, this option activates ...
EPF may refer to: Computing and gaming.epf, a file extension for CadSoft Eagle project files; Eclipse process framework, an open source project;
The Electronic Cargo Tracking Note (ECTN) is a maritime certificate or waiver that is essential for exports to the majority of African countries. [1] It acts as a vital document for both importers and exporters within Africa , necessitating its presentation to customs officials .
Withdrawal time, as relating to veterinary medicine, is defined as the time required after administration of a drug to a dairy cow needed to assure that drug ...
A PTO at the rear end of a farm tractor A PTO (in the box at the bottom) in the center of the three-point hitch of a tractor. A power take-off or power takeoff (PTO) is one of several methods for taking power from a power source, such as a running engine, and transmitting it to an application such as an attached implement or separate machine.