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Modi's smart card scheme to cover over 40 cr unorganised workers for social security benefits

Feb 11, 2016

Modi's smart card scheme to cover over 40 cr unorganised workers for social security benefits

Through UWIN card, government wants to provide social security to all those people who are not covered either by Employees' Provident Fund Organisation or Employees' State Insurance Corporation #EPFO #smart card #ESIC #Rashtriya Swasthya Bima Yojana #UWIN card #unorganised workers
Labour ministry asks EPFO, ESIC not to inspect startups for 3 years

Jan 25, 2016

Labour ministry asks EPFO, ESIC not to inspect startups for 3 years

The Labour Ministry has directed retirement fund body EPFO and health insurance provider ESIC to exempt startups from inspection and filing returns for 3 years. #Narendra Modi #EPFO #startups #Exemption #filing returns #ESIC #Labour minsitry #3 years
EPFO income seen rising, may offer 9% on deposits in 2015-16

Jan 22, 2016

EPFO income seen rising, may offer 9% on deposits in 2015-16

Retirement fund body EPFO may provide 9 per cent interest on PF deposits for this fiscal, which is higher compared to 8.75 per cent provided in previous two fiscals to its over five crore subscribers. #Interest rate #EPFO #provident fund #Bharatiya Mazdoor Sangh #P J Banasure
EPFO may raise interest rate on PF from 8.75% for FY16

Dec 08, 2015

EPFO may raise interest rate on PF from 8.75% for FY16

The income projections for the current fiscal suggest that the body can pay rate of interest which is slightly higher than 8.75 provided in 2013-14 and 2014-15. #finance ministry #EPFO #Personal finance #Retirement fund #Central Board of Trustee
EPFO likely to introduce online PF withdrawal facility by March

Oct 16, 2015

EPFO likely to introduce online PF withdrawal facility by March

According to EPFO website, the authority has issued 5.6 crore UANs, of which 92.88 lakh subscribers have provided their Aadhaar numbers and 2.75 crore bank account details. #Economy #NewsTracker #Supreme Court #Aadhaar #EPFO #PF #MGNREGA #Jan Dhan Yojana
PFRDA seeks govt nod for allowing state pension funds to spruce up stock market play

Sep 16, 2015

PFRDA seeks govt nod for allowing state pension funds to spruce up stock market play

PFRDA head pushing for state pension funds to be allowed to invest up to half of their funds in stocks, up from the current 15% #Stock market #Narendra Modi #EPFO #equities #PFRDA #Finance Minister Arun Jaitley #state pension funds
Sebi hits RBI wall on mandatory exchange-trading in corp bonds

Aug 27, 2015

Sebi hits RBI wall on mandatory exchange-trading in corp bonds

Currently also, some corporate bonds are traded on stock exchanges but a larger volumes take place in the spot market. #RBI #finance ministry #NewsTracker #SEBI #Arun Jaitley #Shyamala Gopinath #Irda #Corporate Affairs Ministry #EPFO #Corporate bond #NBFC #PFRDA
Good long-term strategy: EPFO's stock market move shows govt's confidence in economic revival

Aug 10, 2015

Good long-term strategy: EPFO's stock market move shows govt's confidence in economic revival

Market experts reckon the decision to infuse provident fund money into the equities has come at the right time #Stock market #EPFO #investment returns #investment strategy
Provident fund to take stock market plunge, plans to invest Rs 5,000 cr via ETFs

Aug 07, 2015

Provident fund to take stock market plunge, plans to invest Rs 5,000 cr via ETFs

The first investment, announced in Mumbai by Labour Minister Bandaru Dattatreya in the presence of top market participants, would be made through SBI Mutual Fund's two index linked ETFs -- one to the BSE's Sensex and the other to NSE's Nifty. #Sensex #nifty #BSE #NSE #EPFO #Exchange-traded funds #Bandaru Dattatreya #Arundhati Bhattacharya