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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). [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.
The same year the present Karmachari Sanchaya Kosh (KSK), or Employees Provident Fund (EPF) in English, was established under the act as an autonomous provident fund organization. After the establishment of EPF, the erstwhile Sainik Drabya Kosh, Nijamati Provident Fund and Provident Fund Department were merged into the EPF. [ 4 ]
The e-challan system of India has been in vogue for almost a decade, starting to roll out in pilot phases from 2012 onward. [15] The e-challan may be operated by PDAs, cell phones or e-Seva Kendras whose e-services include facility for payment of e-challans for traffic violation.
The Trunk (Korean: 트렁크) is a 2024 South Korean mystery melodrama television series based on the novel of the same name by Kim Ryeo-ryeong. Written by Park Eun-young, directed by Kim Kyu-tae, and starring Seo Hyun-jin and Gong Yoo.
USNS Point Loma (T-EPF-15) will be the fifteenth Spearhead-class expeditionary fast transport, operated by the United States Navy ' s Military Sealift Command. [1] On 16 July 2021, acting Secretary of the Navy Thomas Harker announced that she would be named after Point Loma, San Diego .