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EPFO's low-cost housing move could be another bloomer. Here's why

May 10, 2016

EPFO's low-cost housing move could be another bloomer. Here's why

The idea behind the age-old and time-tested legal bar is provident fund belongs as much to the family as the employee himself and the family should not suffer the consequences of an employees wayward ways #EPFO #provident fund #UAN #Bangaru Dattatreya #housing EMIs #Finance Minister Jaitley
Govt considering low-cost housing scheme for EPFO subscribers

May 09, 2016

Govt considering low-cost housing scheme for EPFO subscribers

Government is working on a scheme to provide low-cost housing for retirement fund body EPFO's over five crore subscribers, Parliament was informed on Monday. #Lok Sabha #Low-Cost Housing #EPFO #EMI #Bandaru Dattatreya #Employees Pension Fund
EPF conundrum: Jaitley wins no brownie points with repeated U-turns

Apr 30, 2016

EPF conundrum: Jaitley wins no brownie points with repeated U-turns

For the third time in two months, finance minister, Arun Jaitley, has been forced to go back on his words on the Employee Provident Fund Issue (EPF). The latest reversal came on Friday when the finance ministry increased the EPF rate to 8.8 per cent from 8.7 per cent decided earlier. #protest #EPFO #Trade Unions #rollback #Finance Minister Arun Jaitley #U-Turn #Labour Minister Bandaru Dattatreya #EPF interest rate
Govt increases EPF interest rate to 8.8 percent bowing to trade union pressure

Apr 29, 2016

Govt increases EPF interest rate to 8.8 percent bowing to trade union pressure

The government was forced to take a U-turn on the Employee Provident Fund (EPF) issue yet again on Friday when it increased the rate to 8.8 per cent from 8.7 per cent decided earlier. The Central Board of Trustees (CBT) had originally recommended 8.8 per cent. #protest #EPFO #Trade Unions #CBT #rollback #Finance Minister Arun Jaitley #Labour Minister Bandaru Dattatreya #EPF interest rate
Will discuss EPF interest rate issue with FM: Labour Minister

Apr 28, 2016

Will discuss EPF interest rate issue with FM: Labour Minister

A day before nationwide protest by trade unions against lowering of EPF interest rate, Labour Minister Bandaru Dattatreya today said that he will discuss the issue with Finance Minister Arun Jaitley. #finance ministry #Arun Jaitley #protest #EPFO #Trade Unions #Bandaru Dattatreya #CBT #EPF interest rate
Yet another shocker or a bold move? FinMin lowers EPF rate to 8.7 per cent

Apr 26, 2016

Yet another shocker or a bold move? FinMin lowers EPF rate to 8.7 per cent

This is probably the first time that the Finance Ministry has not given concurrence to the rate of interest on EPF as decided by CBT, which is headed by the labour minister. #finance ministry #EPFO #EPF interest rates cut
FinMin approves 8.7% interest on EPF for 2015-16: Dattatreya

Apr 25, 2016

FinMin approves 8.7% interest on EPF for 2015-16: Dattatreya

The Finance Ministry has approved 8.7 per cent interest on PF deposits for over 5 crore subscribers of retirement body EPFO, lower than 8.8 per cent decided by the Central Board of Trustees (CBT). #finance ministry #EPFO #provident fund #CBT #Labour Minister Bandaru Dattatreya #fiscal 2016 #EPF interest rate
After people protest, govt puts new PF withdrawal norms on hold until 31 July

Apr 19, 2016

After people protest, govt puts new PF withdrawal norms on hold until 31 July

The unions have been demanding complete rollback of the decision tightening the PF withdrawal norms #EPFO #Labour Minister Bandaru Dattatreya #PF withdrawal #trade union protest
Inoperative PF accounts to earn interest from 1 April

Mar 29, 2016

Inoperative PF accounts to earn interest from 1 April

Retirement fund body EPFO today decided to provide interest on inoperative accounts from April 1, a move which will benefit over nine crore such account-holders having total deposits of over Rs 32,000 crore. #Interest rates #EPFO #PF #provident fund #EPF #Bandaru Dattatreya #Retirement fund #Labour Minister