Latest News on Employees provident fund
Showing of 0 - 10 from 35 results
Employees provident fund - Total results - 35
Nov 23, 2017
EPFO relaxes Jeevan Parmaan life certificate submission rules for pensioners, makes facility available at banksEPFO says pensioners would have option of submitting digital or paper based certificate to pension drawing bank branches
Jul 19, 2017
Provident fund body directs field offices to settle pension on retirement dayThere are about 48.85 lakh central government employees and 55.51 lakh pensioners in the country
Jun 18, 2017
Coal workers unions postpone nationwide strike for three months following discussion with officialsFollowing a "positive meeting" with Union Labour Department and Coal India officials, central trade unions operating in the coal industry deferred their proposed three-day strike
May 29, 2017
PF rate retained at 12%: Why don't employers contribute 14% and employees 10% to maintain status quoModi’s promise of rewarding the salaried class with tax refund for their exemplary tax compliance from out of the proceeds of successive tax amnesty schemes has remained a mirage and a tall promise
May 15, 2017
EPFO trustees likely to raise ETF investment limit to 15% on 27 MayEPFO’s move to raise the investment limit in exchange traded funds to 15% from 10%, will help the retirement fund body park Rs15,000 crore in stock markets in FY18
Apr 20, 2017
Finance ministry approves 8.65% interest rate on PF for 2016-17: Labour MinisterThe ratification of the 8.65 percent interest on EPF will enable the retirement fund body EPFO to credit this rate of return into the accounts of four crore subscribers.
Apr 17, 2017
EPFO to offer 8.65% interest to over 4 crore provident fund members; here are key highlightsThe Finance Ministry had last year also decided to lower the EPF interest rate of 8.8 percent for 2015-16, decided by the CBT, to 8.7 percent
Apr 17, 2017
Finance Ministry okays 8.65% interest rate on EPF, to benefit 4 cr membersAccording to EPFO estimates, the fund will see a surplus after providing 8.65 percent interest rate for the last fiscal.
Apr 07, 2017
Finmin wants to cut EPF rates by 50 bps: Will it give way to better investments?The Finance Ministry has been following the cost reduction approach in the process spurning and undermining the more demanding income-enhancement approach.
Mar 23, 2017
EPFO cuts administrative charges to 0.65%; firms to save Rs 1,000 cr a yearEPFO, the Central Board of Trustee, had approved the proposal to reduce the administrative charges to 0.65 percent from the existing 0.85 percent of total wages, on which contributions are payable.