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Employees Provident Fund

Mar 02, 2015 at 08:44 | Source: PTI
The new investment pattern for provident funds, to be notified shortly, will prescribe "investment of minimum 5 percent and up to 15 percent of the investible funds in equity and equity related instruments," Finance Ministry said in a statement.
Feb 28, 2015 at 17:11 | Source: PTI
"For employees below a certain threshold of monthly income, contribution to EPF should be optional, without affecting or reducing the employers contribution," Finance Minister Arun Jaitley said in his Budget speech
Feb 28, 2015 at 15:26 | Source: PTI
With respect to ESI, he said the employee would have the option of choosing either ESI or a Health Insurance product, recognised by the Insurance Regulatory Development Authority (IRDA). "We intend to bring amending legislation in this regard, after stakeholder consultation," Jaitley added.
Feb 28, 2015 at 14:50 | Source: PTI
The proposal to provide these options to organised sector workers was announced today by the Finance Minister Arun Jaitley in his Budget speech for 2015-16. It is also proposed that for workers getting wages below a certain threshold, contribution to EPF (Employees' Provident Fund) will be optional.
Feb 25, 2015 at 22:40 | Source: PTI
The setting up of the New Development Bank (NDB) and BRICS Contingent Reserve Arrangement (CRA) is for mobilising resources for infrastructure projects and providing short-term liquidity support to emerging economies in case of Balance of Payment crisis, said an official statement.
Feb 19, 2015 at 20:51 | Source: Moneycontrol.com
The services available on the portal, www.ebiz.gov.in, include those from Corporate Affairs Ministry (MCA), Reserve Bank of India (RBI), Department of Industrial Policy and Promotion (DIPP), Central Board of Direct Taxes (CBDT), Directorate General of Foreign Trade (DGFT) and Employees Provident Fund Organisation (EPFO).
Feb 13, 2015 at 19:37 | Source: Moneycontrol.com
Standard Medical & Pharmaceuticals has informed that the Board of Directors of the Company at its meeting held on February 13, 2015, has transacted the following:- Authorizing Shri. A. Raghava Reddy, Chairman to sign letters and documents to Provident Fund Authority.
Feb 13, 2015 at 08:12 | Source: PTI
Yesterday, International Monetary Fund Managing Director Christine Lagarde announced a preliminary deal on a new, four-year bailout for Ukraine worth .5 billion.
Feb 06, 2015 at 10:25 | Source: Moneycontrol.com
Tata Communications today announces that it has won a multi-year contract with the KION Group, the second largest global manufacturer of forklift trucks and warehouse technology, to provide global WAN services to the groups 280 sites and 22,000 employees across 30 countries worldwide.
Feb 04, 2015 at 19:40 | Source: PTI
Acknowledging that there was a Rs 50,000 increase in the limit in the last Budget to Rs 1.5 lakh a year, he said benefits of this instrument have been lost over time as the limit was anchored at Rs 1 lakh for a long time.
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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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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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Feb 19, 2015 at 19:56 | Source: FirstPost
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