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Employees Provident Fund (Nepali:कर्मचारी सञ्चय कोष) Nepal is the pension fund/provident fund for employees of government and private sector of Nepal. The Fund is currently managing provident funds of 600,000 employees working for the government and in the private sector. [1] The Fund also invests in different ...
The EPFO's top decision-making body is the Central Board of Trustees (CBT), a statutory body established by the Employees' Provident Fund and Miscellaneous Provisions (EPF&MP) Act, 1952. 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 ...
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 ...
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)
Labour Act 2048 was enacted following the re-establishment of democracy through the People's movement 1990. Labour Rules 2050 (1993) provided additional guidance on the Labour Act 2048. Labour Act 2048 was repealed by Nepal Labour Act 2074, enacted in 2017, following the establishment of the federal republic and drafting of the new constitution.
In 1794, King Rana Bahadur Shah came of age and his first act was to re-constitute the government such that his uncle, Prince Bahadur Shah of Nepal, had no official part to play. [21] [14] Rana Bahadur appointed Kirtiman Singh Basnyat as Chief ( Mul ) Kaji among the newly appointed four kajis though Damodar Pande was the most influential Kaji. [14]
The Nepal Stock Exchange (NEPSE) is the only stock exchange of Nepal. As of January 2024, [update] the market capitalization of the companies listed on NEPSE totaled रू 330,765.9 crore (US$25 billion).