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Employees Provident Fund

Jul 21, 2014 at 17:54 | Source: PTI
The EPFO had settled 123.36 lakh claims during the previous financial year, 111.42 lakh claims in 2012-13 and 90.5 lakh claims in 2011-12, Minister of State for Labour Vishnu Deo Sai said in a written reply to Lok Sabha.
Jul 18, 2014 at 14:16 | Source: CNBC-TV18
The IT solutions provider, Rolta India's subsidiary Rolta Americas LLC raised USD 300 million through bond offering.
Jul 17, 2014 at 14:33 | Source: Moneycontrol.com
Reliance MF has launched Reliance Capital Builder Fund - Series A, that aims to provide capital appreciation to the investors, which will be in line with their long term savings goal, by investing in a diversified portfolio of equity & equity related instruments with small exposure to fixed income securities.
Jul 15, 2014 at 15:45 | Source: Moneycontrol.com
The increase in the limit of home loan interest deduction is helpful and provides some additional disposable income in the hands of home-owners. However, the extent of increase of Rs 50,000 is not commensurate.
Jul 15, 2014 at 10:31 | Source: Moneycontrol.com
ICICI Prudential Mutual Fund has launched ICICI Prudential Growth Fund - Series 2, a close ended equity scheme, that aims to provide capital appreciation by investing in a well diversified portfolio of equity and equity related securities.
Jul 10, 2014 at 22:28 | Source: PTI
AGC Holdings, a wholly owned portfolio company of Essar Global Fund has entered into a definitive agreement with Tele-performance to sell Aegis USA Inc (AUI), which has annual revenues of USD 400 million and employees over 19,000 across 16 centres in 3 countries, the company said in a statement.
Jul 10, 2014 at 16:15 | Source: Moneycontrol.com
The budget highlighted the new governments rational approach to policies for taxation, government spending and growth. Infrastructure, Real estate & Finance sectors were amongst the biggest winners, with measures to improve funding availability to infrastructure & low-cost housing and providing a boost to REITs and bank infra lending.
Jul 10, 2014 at 15:34 | Source: Moneycontrol.com
For Mutual Fund sector, the change in long term capital gain will impact negatively and the support available to bring first time investors towards equity/debt investments will get severely compromised when compared to bank deposits. The additional exemption under 80C will provide a limited window for tax exemption eligible mutual fund schemes.
Jul 10, 2014 at 12:28 | Source: CNBC-TV18
While presenting his maiden Budget in the Parliament, finance minster Arun Jaitley said that the EPFO will launch a unified account scheme for portability of Provident Fund accounts.
Jul 10, 2014 at 12:11 | Source: CNBC-TV18
Two big schemes for small savers - Investment limits for public provident fund raised to Rs 1.5 lakh per year. Special natinoal savings certificates and savings instruments for parents to invest in name of girl child also announced. Does this mean the 80C limits will also go up?
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Source:Economic Times - NEW DELHI: Trade unions have decided to oppose any move to invest part of over Rs 5 lakh crore corpus of retirement fund body Employees` Provident Fund Organisation (EPFO) in equity market. The unions` reaction came following reports in a section of media stating

2.48 PM Jun 26th

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Source:Calcutta Telegraph News - Calcutta, April 28: The Employees’ Provident Fund Organisation (EPFO) is planning to enrol more subscribers in the east. V. Vijayakumar, additional central provident fund commissioner of the eastern region, today expressed concern over the low level of enrolment

1.21 PM Apr 29th

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Source:Economic Times - NEW DELHI: Retirement fund body EPFO settled 1.21 crore subscriber claims, including withdrawal and transfer of provident fund, in 2013-14, an increase of 13 per cent over the previous year. The Employees` Provident Fund Orgainsation (EPFO) received Rs 71,195 crore

11.22 AM Apr 12th

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Source:NDTV Profit - The government has approved payment of 8.75 per cent rate of interest on provident fund deposits in 2013-14 for over five crore subscribers of retirement fund body Employees Provident Fund Organisation (EPFO). "The Finance Ministry has given its 

11.46 AM Mar 6th

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Source:NDTV Profit - Retirement fund body Employees Provident Fund Organisation (EPFO) has asked its field staff to clean up records as it plans to issue universal (permanent) account numbers soon to its over 5 crore subscribers. The account number will help those workers

3.09 PM Feb 27th

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High taxes  

Source:Economic Times - NEW DELHI: Thousands of employees of around 70-80 companies run the risk of being denied tax exemption on their provident fund contributions from April as their employers have failed to get the approvals for availing the benefit from the Employees Provident Fund Organiation

3.37 PM Feb 20th

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Source:Economic Times - NEW DELHI: A proposal to revise the interest rate of Employees Provident Fund (EPF) by .25 per cent is under the consideration of the government. Replying to a question in Rajya Sabha, Minister of State for Labour and Employment Kodikunnil Suresh said the Central Board

3.24 PM Feb 20th

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FINANCE: Employees` Provident Fund Organisation is likely to formally announce an increase in the monthly minimum pension to 1,000 rupees and basic wages to 15,000 rupees.

9.44 PM Feb 6th

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Source:Economic Times - NEW DELHI: The Employees` Provident Fund Organisation (EPFO) on Monday proposed to raise the interest rate on the lifetime savings of nearly 50 million formal sector workers to 8.75% from 8.5%. The central board of trustees, the apex decision making body of EPFO, said

11.44 AM Jan 14th

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Source:Economic Times - NEW DELHI: Retirement fund body EPFO on Monday is likely to retain 8.5 per cent interest on PF deposits for its over 5 crore subscribers in 2013-14. The Employees` Provident Fund Organisation`s apex decision making body - Central Board of Trustees (CBT) - is scheduled

2.41 PM Jan 13th

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