Employees Provident Fund

Labour Minister Santosh Kumar Gangwar says 8.65% interest on Employees' Provident Fund to be notified soon

The labour ministry will soon notify 8.65 percent rate of interest on Employees' Provident Fund (EPF) for 2018-19 as the finance ministry does not disagree on this rate, said Labour Minister Santosh Kumar Gangwar on Friday

EPFO likely to appoint HSBC AMC, UTI AMC, SBI Mutual Fund as fund mangers for three-year term

Retirement fund manager EPFO is likely to appoint next week at its trustees' meet asset management firms HSBC AMC, UTI AMC and SBI Mutual Fund as its fund managers for a three-year term

Employee, not in employment for a month, could get 75 percent of PF: Labour minister Santosh Gangwar

The requirement of the two-month waiting period will not apply in cases of female employees quitting their jobs to get married.

Money management alert: Midcourse withdrawals from retirement funds a sub-optimal solution for midlife blues

A suitable amendment in the law would be conducive to checking one's tendency to dip into one’s retirement funds at the drop of a hat.

Lack of implementation of labour laws continues to haunt India's textile sector as labourers suffer under exploitative employers

Since the last seven months, 1,700 people have been demonstrating outside the gates of Century Textiles & Industries, protesting the firm's sale to Wearit Global Limited. Out of these 1,700, nearly 1,300 had been permanent employees.

PF interest rates lowered to 8.55% for FY18; ETF investments fetch a return of 20.65% so far, says labour minister

Retirement fund body EPFO lowered the rate of interest on employees provident fund to 8.55 percent for its over 6-crore subscribers for 2017-18, from 8.65 percent in the previous fiscal.

Coal workers unions postpone nationwide strike for three months following discussion with officials

Following 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

Finance ministry approves 8.65% interest rate on PF for 2016-17: Labour Minister

The 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.

EPFO extends deadline for Aadhaar number submission till March 31

EPFO has already made it mandatory for pensioners as well as subscribers to submit Aadhaar for availing of benefits of the Employees' Pension Scheme.

Bengaluru: Central forces deployed after unrest over PF issue

Caught off guard by sudden eruption of violence during the garment workers' protest over the PF issue, authorities have deployed central forces in Bengaluru