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EPFO trustees to pay 8.75% interest on PF deposits for 2014-15

Aug 26, 2014

EPFO trustees to pay 8.75% interest on PF deposits for 2014-15

The decision to retain the interest rate on the provident fund deposits at last year's level was taken despite some protest by the trade union members of the CBT #India #finance ministry #Interest #EPFO #Employee Provident Fund #Central Board of Trustees #rate
Govt likely to approve minimum monthly pension of Rs 1000 this month

Jan 14, 2014

Govt likely to approve minimum monthly pension of Rs 1000 this month

"The Labour Ministry's revised proposal for minimum pension of Rs 1,000 per month was submitted to the Finance Ministry last week, and is likely to be approved this month," said an official source. #finance ministry #NewsTracker #Pension #EPFO #Labour Ministry #Lok Sabha elections #Employees Provident Fund Scheme
Good news! You're going to get more on PFs after EPFO fixes rate at 8.75%

Jan 13, 2014

Good news! You're going to get more on PFs after EPFO fixes rate at 8.75%

The EPFO has proposed an increase of service charges to Rs 75 and Rs 25 per month respectively for managing EPF and EDLI schemes for non-functional establishments having no contributory members. #NewsTracker #EPFO #PF #Employees' Provident Fund Organisation #EPF #CBT #Central Board of Trustees #EDLI
Unions to press for 9.5% interest on PF deposits for FY'14  to cover inflation

Jan 07, 2014

Unions to press for 9.5% interest on PF deposits for FY'14 to cover inflation

Retail inflation for industrial workers in November was 11.47 percent. This is the rate of inflation which is used by central government for computing hike in Dearness Allowance. #Inflation #NewsTracker #EPFO #CBT #Employee Provident Fund Organisation #All India Trade Union
Good news, EPFO may offer more than 8.5% interest this year

Oct 09, 2013

Good news, EPFO may offer more than 8.5% interest this year

Retirement fund body EPFO may announce higher interest rate on provident fund deposits for its over five crore subscribers in the current fiscal than 8.5 per cent that was provided in 2012-13. #NewsTracker #Diwali #EPFO #Employees' Provident Fund Organisation #Labour Ministry #Central Board of Trustees #Finance and Investment Committee
Finally: Job switchers can transfer PF accounts online by end Aug

Aug 18, 2013

Finally: Job switchers can transfer PF accounts online by end Aug

Employees' Provident Fund Organisation (EPFO) has got very encouraging results from the online testing of the service and will be able to launch the service during the last week of this month, a source privy to the development said. #GoodNews #EPFO #Employees' Provident Fund Organisation #provident fund #PF account #Online transfer #PF claims
Budget 2013: A guide to how your investments are taxed

Feb 27, 2013

Budget 2013: A guide to how your investments are taxed

Simply put, these tax regimes show how your financial instrument is taxed at different stages. The letter 'E' denotes exempt and the letter 'T' for tax. The three letters simply show the three different stages of investments. #Tax #Budget2013 #Employee Provident Fund #investments #Public Provident Fund #taxability #National Savings Certificate
Rs 1336 crore hole: why EPFO cannot offer 9% returns

Feb 25, 2013

Rs 1336 crore hole: why EPFO cannot offer 9% returns

According to CAG, in 2011-12 the EPFO updated their pending accounts. Due to this, it paid out Rs 1,336 crore more than what they actually had with them. #CAG #PersonalFinance #Employee Provident Fund
Govt needs to accelerate policy reforms: Sebi

Jun 08, 2012

Govt needs to accelerate policy reforms: Sebi

Chairman of market regulator SEBI Upendra Kumar Sinha said that the government needs to get back investor confidence by fast-tracking passing of bills such as the Pension Bill and FDI in retail. #WhyNow #SEBI #Pension fund #Employees Provident Fund