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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 ]
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 ...
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.
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 ...
Employees Provident Fund. Employees Provident Fund or Employees' Provident Fund refer to: Employees' Provident Fund Organisation, in India. Employees Provident Fund (Malaysia) Employees Provident Fund Nepal. Employees' Provident Fund (Sri Lanka)
1st Nepalese Constituent Assembly. The first Nepalese Constituent Assembly was a unicameral body of 601 members that served from May 28, 2008, to May 28, 2012. It was formed as a result of the first Constituent Assembly election held on April 10, 2008. [1] The Constituent Assembly (CA) was tasked with writing a new constitution, [2] and acting ...
The Order of precedence of Nepal is the protocol list (hierarchy) in which the functionaries and officials are listed according to their rank and office in the Government of Nepal. As the country embraces federalism, the government finalized a new order of precedence in April 2019. [1] The earlier order of precedence was revised by adjusting ...
Lokta paper, also known as Nepali kagaj or Nepali paper, is a wildcrafted, handmade artisan paper indigenous to Nepal. It is made from the bark of two of the species of the shrub Daphne. The paper was used historically in Nepal for religious scriptures and government documents. In modern day, the paper is used to make notebooks, religious ...