Epf Interest-rate

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Epf Interest-rate - Total results - 7
Govt backstabbed honest tax payers by lowering EPF interest rate: Congress
Politics

Govt backstabbed honest tax payers by lowering EPF interest rate: Congress

The Congress on Wednesday accused the Narendra Modi government of "backstabbing" honest tax payers by lowering the interest rate on EPF.

PF deposit interest rate cut to 8.55% for 2017-18 from 8.65% for 2016-17; 5 cr members to be hit
Business

PF deposit interest rate cut to 8.55% for 2017-18 from 8.65% for 2016-17; 5 cr members to be hit

Retirement fund body Employees Provident Fund Organisation (EPFO) on Wednesday declared 8.55 percent interest rate on provident fund deposits for 2017-18, lower than 8.65 percent for 2016-17 which will impact its about 5 crore members

Finmin wants to cut EPF rates by 50 bps: Will it give way to better investments?
Business

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.

EPF conundrum: Jaitley wins no brownie points with repeated U-turns
Business

EPF conundrum: Jaitley wins no brownie points with repeated U-turns

For the third time in two months, finance minister, Arun Jaitley, has been forced to go back on his words on the Employee Provident Fund Issue (EPF). The latest reversal came on Friday when the finance ministry increased the EPF rate to 8.8 per cent from 8.7 per cent decided earlier.

Govt increases EPF interest rate to 8.8 percent bowing to trade union pressure
Business

Govt increases EPF interest rate to 8.8 percent bowing to trade union pressure

The government was forced to take a U-turn on the Employee Provident Fund (EPF) issue yet again on Friday when it increased the rate to 8.8 per cent from 8.7 per cent decided earlier. The Central Board of Trustees (CBT) had originally recommended 8.8 per cent.

Will discuss EPF interest rate issue with FM: Labour Minister
Business

Will discuss EPF interest rate issue with FM: Labour Minister

A day before nationwide protest by trade unions against lowering of EPF interest rate, Labour Minister Bandaru Dattatreya today said that he will discuss the issue with Finance Minister Arun Jaitley.

FinMin approves 8.7% interest on EPF for 2015-16: Dattatreya
Business

FinMin approves 8.7% interest on EPF for 2015-16: Dattatreya

The Finance Ministry has approved 8.7 per cent interest on PF deposits for over 5 crore subscribers of retirement body EPFO, lower than 8.8 per cent decided by the Central Board of Trustees (CBT).