Latest News on Central Board Of Trustees
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Central Board Of Trustees - Total results - 11
Feb 21, 2019
EPFO hikes interest rate on provident fund deposits to 8.65% for 2018-19; 6 crore subscribers to benefit: GovtThe EPFO had provided a five-year low rate of interest of 8.55 percent to its subscribers for 2017-18.
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 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.
Dec 13, 2016
Provident fund body likely to hike monthly wage ceiling to Rs 25,000 on 19 DecemberEPFO had increased the wage ceiling to Rs 15,000 per month from Rs 6,500 on 1 September, 2014 in view of price rise and pay revisions in the formal sector.
Feb 16, 2016
Govt cuts interest rate on small post office schemes by 0.25%; PF to earn moreThe finance ministry said that small saving interest rates are perceived to limit the banking sector's ability to lower deposit rates in response to the monetary policy of the Reserve Bank of India.
Feb 18, 2015
EPFO to appoint fund managers tomorrow, may raise pension age to 60EPFO is likely to appoint fund managers tomorrow for a three year term from 1 April and raise age limit for vesting of pension by two years to 60.
Aug 28, 2014
EPFO raises monthly wage ceiling to Rs 15,000; minimum pension now at Rs 1,000The government's decision to fix pension entitlement of Rs 1,000 under the Employees' Pension Scheme 1995 (EPFS-95) will immediately benefit 28 lakh pensioners who get less than this amount at present.
Aug 26, 2014
EPFO trustees to pay 8.75% interest on PF deposits for 2014-15The 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
Feb 28, 2014
Cabinet approves minimum monthly pension of Rs 1,000 for pensionersGovernment on Friday approved the proposal to ensure Rs 1,000 minimum monthly pension under a scheme of retirement fund body EPFO that would immediately benefit 28 lakh pensioners.
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.