Employees Provident Fund

May 02, 2016 at 19:58 | Source: PTI
Expressing dismay over the status of rural drinking water supply, a parliamentary panel today criticised the Centre for not providing adequate funds under this head in the 12th five year plan and said providing safe drinking water seemed to be a distant dream in the country.
Apr 30, 2016 at 12:38 | Source: PTI
While ratifying interest rate of 8.8 percent on Employees Provident Fund (EPF) for 2015-16, sources said it advised the Labour Ministry to create a reserve fund for future to protect workers from interest rate shocks in a regime of falling interest rates.
Apr 29, 2016 at 18:26 | Source: PTI
In the third roll-back in twomonths, the government today raised the interest rate onemployee provident fund (EPF) contributions to 8.8 percentfor 2015-16 against 8.7 per cent approved by the FinanceMinistry last week.
Apr 29, 2016 at 16:12 | Source: PTI
"Employee's Provident Fund (EPF) has not invested in individual stocks. It has invested only 5 percent investible surplus in ETFs of Nifty and Sensex-based index. The total amount invested is Rs 6,577 crore as on March 31, 2016," Minister of State for Finance Jayant Sinha said in a written reply to the Lok Sabha.
Apr 29, 2016 at 14:14 | Source: PTI
As per BSE norms, trading members have to provide information on amount funded as margin obligation on behalf of clients, funding related to settlement obligations for institutional and non-institutional clients, among others.
Apr 28, 2016 at 20:17 | Source: Reuters
India's largest state insurer and its pension fund together bought about one-sixth of the bonds issued by regional governments for their power companies last fiscal year, a minister said on Thursday.
Apr 28, 2016 at 13:48 | Source: PTI
Raising the issue during Zero Hour, CPI(M) member Tapan Kumar Sen slammed the "unilateral, undemocratic" action by the Ministry, saying it had completely ignored the unanimous decision of the tripatite body of the EPFO, which is headed by Union Labour Minister himself.
Apr 28, 2016 at 09:52 | Source: PTI
Talking about the steps taken by the Centre, he said it has eased norms for providing relief and even the allocation for State Disaster Response Fund has been raised.
Apr 28, 2016 at 09:09 | Source: CNBC
The central bank maintained its negative 0.1 percent deposit rate and its 80 trillion yen base money target. However, it did leave the door open to additional easing steps and said it will provide loans at zero interest rates to areas impacted by the recent Kyushu earthquakes.
Apr 27, 2016 at 19:56 | Source: PTI
Employee unions have called a nationwide protest on April 29, against the Finance Ministry's move to fix EPF interest rate at 8.7 percent for 2015-16, lower than 8.8 percent sought by Employee Provident Fund Organisation (EPFO) and 8.75 paid for the previous fiscal.
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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 2014

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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 2014

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Retirement  

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 2014

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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 2014

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Retirement  

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 2014

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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 2014

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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 2014

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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 2014

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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 2014

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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 2014

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