Search results
Results from the WOW.Com Content Network
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 ]
There are three types of elections in Nepal: elections to the federal parliament, elections to the provincial assemblies and elections to the local government. Within each of these categories, there may be by-elections as well as general elections. Currently three electoral systems are used: parallel voting for the House of Representatives and ...
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.
Social Security Fund (SSF) Nepal (Nepali: सामाजिक सुरक्षा कोष) was established in 2011 (7 Chaitra 2067 BS) according to the Social Security (Management Fund and Operation) Regulations, 2067 BS. [1][2] It is governed by Social Security Act, 2018 (2075 BS). The Act requires every company/employer to enlist their ...
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 Assembly or Rastriya Sabha (Nepali: राष्ट्रिय सभा, romanized: Rāṣṭriya Sabhā) is the upper house of the Federal Parliament of Nepal, the lower house being the House of Representatives. The composition and powers of the Assembly are established by Part 8 and 9 of the Constitution of Nepal. There are a ...
v. t. e. The Government of Nepal (Nepali: नेपाल सरकार) is the federal executive authority of Nepal. Prior to the abolition of the Nepali monarchy in 2006 (Nepal became a republic in 2008), it was officially known as His Majesty's Government. The head of state is the president and the prime minister holds the position of the ...
According to the Constitution of Nepal, the Prime Minister is appointed by the President of Nepal.The President on the recommendation of the Prime Minister of Nepal forms a council of ministers consisting of members not exceeding twenty five in number from among the members of the federal parliament on the basis of the principle of inclusion.