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Employees Provident Fund

Apr 25, 2015 at 12:15 | Source: Moneycontrol.com
Edelweiss Mutual Fund launches Edelweiss Exchange Traded Scheme - Nifty (Nifty EES), an open exchange traded fund that aims to provide returns before expenses that closely correspond to the total returns of the CNX Nifty subject to tracking errors.
Apr 21, 2015 at 14:15 | Source: PTI
The interest rate for GPF is in line with the interest rate fixed for Public Provident Fund (PPF) at 8.7 percent for 2015-16. The government had, however, raised the interest rates for other small saving schemes.
Apr 16, 2015 at 18:43 | Source: PTI
Interest subvention of 2 percent was made available to banks on funds used for short-term crop loans up to Rs 3 lakh per farmer provided they make available short term credit at the ground level at 7 percent for the year 2014-15.
Apr 09, 2015 at 21:46 | Source: PTI
IFCI was provided access to low-cost funds through SLR Bonds guaranteed by the Government of India, which in turn enabled it to provide loans and advances to corporate borrowers at concessional rates.
Apr 08, 2015 at 16:19 | Source: PTI
MUDRA scheme is aimed at funding the unfunded," Modi said. The Pradhan Mantri MUDRA Yojana, which has a corpus of Rs 20,000 crore, can lend between Rs 50,000-Rs 10 lakh to small entrepreneurs.
Apr 08, 2015 at 15:40 | Source: PTI
The Prime Minister had recently said that Rs 100 crore in subsidy have been saved by 2.8 lakh people giving up the use of subsidised LPG. This money could be used for schools and providing medical facilities.
Apr 07, 2015 at 20:14 | Source: PTI
While Bill already provides for strict penalties including jail for errant builders, the amendments seek to make it mandatory for all developers, including of housing projects, to keep minimum 50 percent of funds collected from buyers in a escrow account to meet construction cost.
Apr 07, 2015 at 15:49 | Source: PTI
Earlier, the task of updating PF accounts for a financial year used to take months after the end of that fiscal. The Employees' Provident Fund Organisation (EPFO) is required to update PF accounts for a fiscal till September 30 after the end of that financial year.
Apr 06, 2015 at 16:12 | Source: PTI
It provides investors, developers, local corporates and multinational companies with a range of services in all the segments of the real estate, hospitality, healthcare and education sectors.
Apr 05, 2015 at 18:49 | Source: PTI
To roll out three new social security schemes announced in the Budget, the government has asked banks and insurers to develop a common infotech module by June.
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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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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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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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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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