Legislation relating to working hours and remuneration include; The Working Time Regulations 1998 and The Working Time (Amendment) Regulations 2002. The Working Time Regulations 1998 establishes the limits on working time and entitlement to periods of rest between the time of work, within breaks and paid annual leave. The Working Time (Amendment) Regulations 2002 was established in April 2003. This Act states the restrictions on the working time for those aged 15 to 18, the restrictions include limited
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income 12.3 Basic rules governing deductions under sections 80C to 80U 12.4 Deductions 12.5 Deductions to encourage savings 12.5.1 Deduction in respect of life insurance premium, etc.80C 12.5.2 Deduction in respect of pension fund 80CCC 12.5.3 Deduction in respect of contribution to pension scheme of central government 80CCD 12.6 Deductions for certain personal expenditure 12.6.1 Deduction in respect of medical insurance premium 80D 12.6.2 Deduction in respect of maintenance including medical treatment
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Report on Behavioral Economics. Topic: a Concept of nudge According to rational choice theory developed in the past century agents make their choice accordingly with common sense, carefully considering factors such as prices, taxes. Fines and etc. to get the highest possible benefit and they are exclusively motivated by their material self-interest. The problem is that in theory it works well, but in reality it is not. Dictator game and ultimatum game can be an excellent example of the failure
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Act 766 National Pensions Act, 2008 ARRANGEMENT OF SECTIONS Section PART ONE—ESTABLISHMENT OF CONTRIBUTORY THREE-TIER PENSION SCHEME AND NATIONAL PENSIONS REGULATORY AUTHORITY Contributory three-tier pension scheme 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. Establishment of contributory three-tier pension scheme Object of the scheme Contributions to the scheme Management of the schemes National Pensions Regulatory Authority Establishment
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A 29 PENSION REFORM ACT 2004 2004 ACT No. 2 ARRANGEMENT OF SECTIONS Section: P.\RT 1 - ESTABLISHMENT AND OBJECTIVES OF CONIRIBUTORY PENSION SCHEME FOR EMPLOYEES IN THE PUBLIC AND PRIVATE SECTORS 1. 2 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. Establishment of a Contributory Pension Scheme for employees in the public and private sectors. Objectives of the Scheme. Withdrawal from retirement savings account. Retirements benefits. Death of an employee. Missing employees. Retirement benefits
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BENEFIT OF SOCSO Benefits under the Employment Injury Insurance Scheme: i. Medical Benefit Where an employee contracts any occupational disease or meets with an accident, they are entitled to free treatment at SOCSO panel clinics or government clinics or hospital. Treatment need to be continued until they are fully recovered. For serious injuries, medical care may be obtained from the Government hospital and the employee is eligible for second class ward treatment. Specialist treatment will
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Academies and Local Government Pension Scheme (LGPS) liabilities: parliamentary minute Provision of a DfE guarantee that the Department will meet any outstanding Local Government Pension Scheme liabilities on Academy Trust closure 1. It is normal practice, when a government department proposes to undertake a contingent liability in excess of £250,000 for which there is no specific statutory authority, for the department concerned to present to Parliament a Minute giving particulars of the liability
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transfer of funds between surplus and deficit agents. We distinguish between deposit-accepting institutions, such as banks and savings institutions, and other types of financial intermediaries, such as insurance companies, mutual funds/unit trusts, pension funds, hedge funds and private equity and the like. 3.7 deposit institution an institution such as a bank or savings institution that accepts cash deposits Deposit institutions Deposit institutions accept deposits from economic agents. These
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80C. Deduction in respect of life insurance premia, deferred annuity, contributions to provident fund, subscription to certain equity shares or debentures, etc.- (1) In computing the total income of an assessee, being an individual or a Hindu undivided family, there shall be deducted, in accordance with and subject to the provisions of this section, the whole of the amount paid or deposited in the previous year, being the aggregate of the sums referred to in sub-section (2), as does not exceed one
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This case describes a decision facing the officers of the Solidarity Fund, a large pension fund operated by the Quebec Federation of Labor (QFL).The QFL had founded the Fund to provide members of its affiliated unions and others access to professionally managed retirement accounts. It also sought to create job growth in the province of Quebec and to support companies with good working conditions, positive relations with local communities, and a commitment to environmental responsibility. The goal
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