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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 ...
Provident fund. 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 ...
The Public Provident Fund ( PPF) is a savings-cum-tax-saving 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 by offering an investment with reasonable returns combined with income tax benefits. [2]
Guidance Tamil Nadu (formerly Tamil Nadu Industrial Guidance and Export Promotion Bureau [1]) is the investment promotion agency of the Government of Tamil Nadu. It is constituted to reach out to prospective investors and make them invest in the state of Tamil Nadu. It comes under the Industries, Investment Promotion and Commerce Department and ...
Tamil Nadu has the second largest state economy in India. The state also hosts the highest number of factories in the country. [17] [18] The state is 48.40% urbanised , accounting for around 9.26% of the urban population in the country, while the state as a whole accounted for 5.96% of India's total population in the 2011 census . [19]
Finances. As of 2022, Tamil Nadu's GSDP was ₹ 23.65 lakh crore (US$300 billion), second highest amongst Indian states. [3] For the financial year 2023-24, the projected expenditure is ₹ 3.65 lakh crore (US$46 billion) against a projected revenue of ₹ 2.73 lakh crore (US$34 billion) with the fiscal deficit at ₹ 0.92 lakh crore (US$12 ...
Tamil Nadu Grama Bank. Tamil Nadu Grama Bank (TNGB) is a regional rural bank headquartered at Salem in Tamil Nadu , India. The bank is jointly owned by the central and state governments and sponsored by the Indian Bank. It is under the ownership of the Ministry of Finance, Government of India . Tamil Nadu Grama Bank was formed on 1 April 2019 ...
The Hindu Religious and Charitable Endowments Department of the Government of Tamil Nadu manages and controls the temple administration within the state. The Tamil Nadu Hindu Religious and Charitable Endowments Act XXII of 1959 controls 36,425 temples, 56 mathas or religious orders (and 47 temples belonging to mathas), 1,721 specific endowments and 189 trusts.