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Employees Provident Fund

Dec 19, 2014 at 17:41 | Source: Moneycontrol.com
LIC Nomura Mutual Fund launches LIC Nomura MF G-Sec Long Term Exchange Traded Fund, an open ended, index linked exchange traded fund that aims to provide returns that closely correspond to the total returns of securities as represented by GSEC10 NSE Index, subject to tracking errors.
Dec 16, 2014 at 13:14 | Source: Moneycontrol.com
It is noticed that one does not claim all the tax benefits available. As an example, Leave Travelling Allowance is most often neglected. Many employers allow Sodexho Food Coupons but not opted by everyone
Dec 11, 2014 at 10:45 | Source: PTI
Factoring is a financing arrangement for suppliers by making prepayments against invoices. This provides liquidity to MSMEs and facilitates collection of receivables. India`s factoring volume is below Rs 20,000 crore.
Dec 10, 2014 at 09:17 | Source: Reuters
Several of the 190 nations at the meeting welcomed the cash from both Australia and Belgium, but China said rich countries were not working fast enough to meet a broader goal of providing USD 100 billion a year by 2020 from public and private sources to help the poor cope.
Dec 08, 2014 at 20:26 | Source: Moneycontrol.com
Reliance Mutual Fund launches Reliance Capital Builder Fund II - Series A, a close ended equity scheme, 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.
Dec 06, 2014 at 14:02 | Source: CNBC
Over the course of the past year, exchange-traded funds that tracked the BRIC nations (Brazil, Russia, India and China) have had roller coaster-type movements. Sometimes, that can provide occasions for opportunistic investment.
Dec 05, 2014 at 20:31 | Source: Moneycontrol.com
Baroda Pioneer Mutual Fund launches Baroda Pioneer Equity Trigger Fund - Series I, a close ended equity scheme, that aims to provide capital appreciation by investing in a well-diversified portfolio of equity and equity related securities predominantly of mid-cap and small cap companies.
Dec 02, 2014 at 16:26 | Source: Moneycontrol.com
ICICI Prudential Mutual Fund launches ICICI Prudential Growth Fund - Series 5, a close ended equity scheme that aims to provide capital appreciation by investing in a well diversified portfolio of equity and equity related securities.
Nov 30, 2014 at 13:32 | Source: PTI
To boost the demand for Shariah compliant mutual funds in the country, government should provide income tax relief on investment in such products along the lines of equity linked savings schemes (ELSS), experts have said.
Nov 27, 2014 at 15:17 | Source: Moneycontrol.com
Provident Fund is an ideal investment opportunity for the seniors. The downside however is that public provident fund investments are subject to a maximum eligible amount of Rs 1, 00,000 per annum
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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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Sep 18, 2014 at 03:45 | Source: FirstPost