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Reliance Capital, ICICI Securities to manage Rs 60,000 crore coal PF

Jun 26, 2015

Reliance Capital, ICICI Securities to manage Rs 60,000 crore coal PF

A parliamentary panel has expressed its reservations about CMPFO not parking the funds in "an appropriate manner" and even suggested refering the matter to a central investigating agency. #Ministry of Coal #ICICI Securities #Anil Swarup #Reliance Capital Asset Management Company #Coal PF #Coal Mines Provident Fund Organisation
EPFO introduces online helpdesk to trace inoperative accounts

Feb 19, 2015

EPFO introduces online helpdesk to trace inoperative accounts

The Employees' Provident Fund Organisation (EPFO) has introduced an online help desk to assist members in tracing out "inoperative accounts", the labour ministry #EPFO #Aadhar #provident fund #Labour Ministry
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
RBI notifies increase in PPF deposit limit to Rs 1.5 lakh/year

Aug 22, 2014

RBI notifies increase in PPF deposit limit to Rs 1.5 lakh/year

The Reserve Bank today notified the increase in deposit money under Public Provident Fund (PPF) to Rs 1.5 lakh from Rs 1 lakh earlier. #RBI #Public Provident Fund #Budget 2014
Budget 2014: Jaitley's tax sops help salaried class save up to Rs 40,000

Jul 10, 2014

Budget 2014: Jaitley's tax sops help salaried class save up to Rs 40,000

The Budget for 2014-15 raised individual income tax limit from Rs 2 lakh to Rs 2.5 lakh for citizens up to 60 years of age and from Rs 2.5 lakh to Rs 3 lakh for persons above 60 years. #KPMG #Arun Jaitley #PPF #IT #Tax exemption #provident fund #Budget2014
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