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N O VM EM A YB E 2 0R 1270 1 6MARKET REVIEWFactsheet May 2017 Benchmark Index1 Month Returns3 Month Returns6 Month Returns BSE Sensex29,9181.00×8.20%7.10×CNX NIFTY9,3041.40×8.70×7.90×BSE Realty1,92420.20×40.50×23.60×BSE
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N O VM stands for Notice of Voluntary Movement. It is a form used to report any changes in employee relocation or transfer within a company.
Employers are required to file N O VM for any employees who have been relocated or transferred within the company.
N O VM can be filled out electronically or manually by providing details of the employee, such as name, position, old location, new location, effective date of movement, and reason for the change.
The purpose of N O VM is to keep track of employee movements within the company and ensure that all necessary parties are informed of the changes.
Information that must be reported on N O VM includes employee name, position, old location, new location, effective date of movement, and reason for the change.
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