Mar 05, 2014 at 19:48 | Source: PTI
EPFO estimated an income of Rs 25,048.55 crore for 2013-14. As per its estimates, the payment of interest rate at 8.75 percent would require Rs 25,005.41 crore and there would be a surplus of Rs 43.14 crore.
Feb 28, 2014 at 19:52 | Source: PTI
The Consumer Price Index-Industrial Workers (CPI-IW) for January declined by two points and was pegged at 237 points.
Feb 05, 2014 at 21:36 | Source: PTI
The Central Board of Trustees (CBT), the apex decision making body of EPFO also decided to raise the monthly wage ceiling to Rs 15,000 from Rs 6,500 by amending the EPF scheme, 1952, so that more workers can be brought under its various social security programmes.
Jan 24, 2014 at 14:32 | Source: CNBC-TV18
The proposal, which has been floated by the Labour Ministry, talks about giving a minimum of Rs 1000 per month as pension to the subscribers of the Employees' Pension Scheme-1995 (EPS-95) Scheme.
Dec 04, 2013 at 16:31 | Source: Reuters
Fund managers handling money on behalf of the Employees' Provident Fund Organisation (EPFO) will also be given more flexibility to invest in corporate bonds, according to new rules from the Labour Ministry marking the first overhaul of investment rules in a decade.
Nov 17, 2013 at 13:54 | Source: PTI
Retirement fund body EPFO will pay at least 8.5 percent rate of return on PF deposits for 2013-14 to its over 5 crore subscribers as provided in the previous fiscal and the decision in this regard could be taken as early as next month.
Nov 15, 2013 at 13:55 | Source: PTI
Speaking at a meet organised by Indian Chamber of Commerce and Industry (Coimbatore chapter), Kodikunnil Suresh said the ministry is determined to provide trained and certified workers to meet the requirement of the industry, considering the acute shortage of skilled labour.
Oct 22, 2013 at 21:01 | Source: PTI
The Department of Administrative Reforms and Public Grievances under the MPPGP has called a review meeting to discuss the pending grievances under the Chairmanship of Joint Secretary (Public Grievances) on October 25.
Aug 06, 2013 at 19:07 | Source: PTI
The Employees' Provident Fund Organisation (EPFO) disagreed with the finance ministry's claims to shift to New Pension System stating that the former provided better returns than employee pension scheme.
Jul 31, 2013 at 20:43 | Source: PTI
Retail inflation for industrial workers rose to 11.06 per cent in June compared 10.68 per cent in May due to rise in prices of food items, cigarette, electricity charges, doctor's fee, medicines and petrol.