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EPFO withdrawal process: How to withdraw money from PF account online


EPFO withdrawal process: How to withdraw money from PF account online
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Image: Flickr
Employee Provident Fund Organization (EPFO) recently announced to let Provident Fund (PF) members withdraw money from their PF accounts as a non-refundable advance. The new EPFO withdrawal process was announced to provide some relief to people affected with the COVID-19 second wave and need emergency money for treatment. In simple words, EPFO members will now be able to withdraw money from their PF accounts providing COVID-19 as a reason. Also Read - Vaccinated? How to update COVID-19 vaccination status on Aarogya Setu app
Last year, the government of India amended Provident Funds Scheme, 1952 to allow members withdraw emergency money from the retirement fund stating COVID-19 as the reason. Previously, the government let members to withdraw money from their retirement money in instances such as illness, buying a house, among others. Also Read - Why smartphones must be cl ....

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Provide solatium to workers, govt. told


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The Central government should support workers and employees with ₹7,500 a month as solatium rather than allowing drawal of an advance from the Provident Fund, according to former MLA and AITUC State secretary M. Arumugam.
Mr. Arumugam said in a press release that the Central government introduced a special scheme last year to draw an advance from the Provident Fund. “This act of drawing money from the Provident Fund of employees’ savings for the Pradhan Mantri Garib Kalyan Yojana is nothing but defeating the very basic principle of Provident Fund Scheme,” he said.
The Central trade unions had demanded that the government safeguard the families of employees during the pandemic period by granting a solatium of ₹7,500 a month. Now, the government, instead of saving the employees from the pandemic and lockdown is making the situation worse through the scheme. Provident Fund is a life-long saving by a worker or employee with co ....

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Austar Lifesciences : 2020 Annual Report


Dear Shareholders,
On behalf of the board ( Board ) of directors ( Directors ) of Austar Lifesciences Limited ( Company ), I am pleased to present the annual report of the Company and its subsidiaries (collectively as the Group or AUSTAR ) for the year ended 31 December 2020 ( Year ).
The year 2020 has been a challenging year for any individual, company and organization under the impact of the COVID-19 pandemic and its consequential policies. From a global perspective, the pandemic has not been slowing down even though China s pandemic conditions had become far stable and under extraordinary control. Under such conditions, the Group has been reacting, responding and acting during such extraordinary moments. Our colleagues could never have believed they were able to deliver our critical utilities and bioprocess systems to our COVID-19 vaccine manufacturer clients within 3 months from order to completion of installation and commissioning with ....

United States , Hong Kong , United Kingdom , University Of Adelaide , South Australia , West Yorkshire , United Kingdom General , New Territories , Hong Kong General , Wang Wei , Cayman Islands , United Group , Western Australia , Cheung Chau , Grand Cayman , University Of Hong Kong , Ji Lingling , E Pharma Gmb , Tang Xiangdi , Pharma Leantec , Kwok Keung , Austar Biosciences Gmb , Chiu Hoi Shan , S Tec Gmb , Verpackungstechnik Verwaltungsgesellschaft , S Tec Gmbhs ,

State Street Urged to Clarify Ban Impact on H.K. Fund


State Street Urged to Clarify Ban Impact on H.K. Fund
Bloomberg
2/25/2021
Bei Hu and Lulu Yilun Chen
© Bloomberg
The corporate flag for Hong Kong Exchanges & Clearing Ltd. (HKEX), right, and the Chinese flag, left, fly outside the Exchange Square complex in Hong Kong, China, on Monday, Sept. 16, 2019. The Hong Kong bourse s unsolicited takeover bid for the London Stock Exchange Group Plc was greeted with a scathing rejection and the exchange suffered a further humiliation when China praised the rebuff as well.
(Bloomberg) The Hong Kong Monetary Authority is asking State Street Corp.’s Asia unit to clarify how it plans to address the effect of U.S. sanctions on its $13.5 billion exchange traded fund. ....

Hong Kong , City Of , United Kingdom , United Kingdom General , Joseph Yam , David Webb , Donald Trump , Stewart Aldcroft , Kate Cheung , Sp Dow Jones , Francis Chung , Principal Trust Co , China Mobile , Vanguard Group , Blackrock Inc , Global Advisors Asia Ltd , Invesco Ltd , Hang Seng Bank Ltd , China Unicom Hong Kong Ltd , China Telecom Corp , London Stock Exchange Group Plc , Ratings Ltd , Provident Fund Scheme , Tracker Fund , Hong Kong Monetary Authority , Supervisory Committee ,