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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 ...
On 10 December 2018, the Government of India made NPS an entirely tax-free instrument in India where the entire corpus escapes tax at maturity; the 40% annuity also became tax-free. [11] Any individual who is a subscriber of NPS can claim tax benefit for Tier-I account under Sec 80 CCD (1) within the overall ceiling of ₹1.5 lakhs under Sec 80 ...
The Public Provident Fund (PPF) is a voluntary savings-cum-tax-reduction social security 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 for social security during uncertain times by offering an investment with reasonable returns ...
In 1982, then the EPF Act 1991 in 1991. The EPF Act 1991 [4] requires employees and their employers to contribute towards their retirement savings, and allows workers to withdraw these savings at retirement or for special purposes before then. [5] As of 31 December 2012, EPF has 13.6 million members, of which 6.4 million are active contributing ...
THE HAGUE (Reuters) -The International Criminal Court (ICC) said on Friday it had terminated proceedings against late Hamas leader Ismail Haniyeh following his death in July.
The National Testing Agency (NTA) is an autonomous body of Department of Higher Education of the Ministry of Education of India. It was established in November 2017 to conduct entrance examination admissions and recruitment.
Mahila Samman Savings Certificate (MSSC) -. -. 2023. Finance. MSSC Scheme was launched by the Government of India in Budget 2023 for women and girls in India. PM Poshan Shakti Nirman Abhiyaan (PM-POSHAN, Prime Minister's Overarching Scheme for Holistic Nourishment, (lit) PM Nutrition Power Building Scheme) CSS. MoWCD.
Coal Mines Provident Fund Organisation (CMPF) is an agency of the Indian government established in 1948 under The Coal Mines Provident Fund and Miscellaneous Provisions Act 1948. [1] It serves as the official pension fund of coal miners and is financed by coal producers on a per-tonne basis. [2] The fund pays the pensions of about 500,000 ...