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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 ...
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 ...
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.
According to Nepal labour force survey 2017-18, Nepal has 125 working-age women for every 100 such men. However, only 22.5 per cent of the working-age women are employed. Of the 11.53 million working-age women, 8.5 million are in the labour force (employed or seeking employment), with only 2.6 million of them actually employed.
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 Nepali Constitution regulates provisions for Nepali nationality in Part 2 from Article 10 to 15. The Nepal Citizenship Act 1964 was first promulgated on 28 February 1964 and provides for single citizenship for the entire country to inherit Nepali nationality. The Nepal Citizenship Act, 2006 was enacted on 26 November 2006.
Website. www .nepalstock .com .np. The Nepal Stock Exchange ( NEPSE) is the only stock exchange of Nepal. As of January 2024, the market capitalization of the companies listed on NEPSE totaled रू 330,765.9 crore (US$26 billion). [3]
The President of the Federal Democratic Republic of Nepal ( नेपालको राष्ट्रपति, Nēpālakō rāṣṭrapati) is the head of state of Nepal and commander in chief of the Nepalese Armed Forces. The office was created in May 2008 after the country was declared as a republic. The first President of Nepal was Ram ...