Central Board-of-trustee

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Central Board-of-trustee - Total results - 2
EPFO cuts administrative charges to 0.65%; firms to save Rs 1,000 cr a year
Business

EPFO cuts administrative charges to 0.65%; firms to save Rs 1,000 cr a year

EPFO, 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.

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

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.