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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 ...
The Public Provident Fund ( PPF) is a savings-cum-tax-saving 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 by offering an investment with reasonable returns combined with income tax benefits. [2]
Employees' State Insurance Corporation (ESIC), established by ESI Act, is an autonomous corporation under Ministry of Labour and Employment, Government of India. As it is a legal entity, the corporation can raise loans and take measures for discharging such loans with the prior sanction of the central government and it can acquire both movable ...
India Post Payments Bank, abbreviated as IPPB, is a division of India Post that is under the ownership of the Department of Post, a department under the Ministry of Communications of the Government of India. Opened in 2018, as of January 2024, the bank has more than 8 crore customers. [1]
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 ...
Top center: Indira Gandhi was the first and only woman to serve as prime minister. Top right: Morarji Desai was the first non- Congress prime minister. Bottom left: Atal Bihari Vajpayee was the first non-Congress prime minister to complete a full 5 year term and the only non-Congress prime minister to date to have served on three occasions.
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0971-8257. OCLC number. 23379369. Website. timesofindia .indiatimes .com. Media of India. List of newspapers. The Times of India, also known by its abbreviation TOI, is an Indian English -language daily newspaper and digital news media owned and managed by The Times Group.