News from other websites on Employees Provident Fund
FinMin taps EPFO to invest in exchange traded fund of PSUs
Mar 11, 2013 at 09:17 | Source: Financial Express
Keen to find takers for its soon-to-be launched exchange traded fund (ETF) of listed public sector firms, the finance ministry has approached the country�s largest manager of retirement savings that holds a corpus of over Rs 5 lakh crore. �The f...
FinMin taps EPFO to invest in exchange traded fund of PSUs
Mar 11, 2013 at 04:41 | Source: Indian Express
Keen to find takers for its soon-to-be launched exchange traded fund (ETF) of listed public sector firms, the finance ministry has approached the country's largest manager of retirement savings that holds a corpus of over Rs 5 lakh crore. "The financ...
A crore isn’t enough to retire
Mar 09, 2013 at 21:41 | Source: The Hindu BusinessLine
Putting aside money for retirement is not a novel thought. Yet most of us are still clueless on how much investment is enough to see us through retirement. Some of us even imagine that a Rs 1 crore corpus will see us comfortably through retirement. ...
EPFO to use IT-based monitoring of private provident fund trusts
Mar 04, 2013 at 21:37 | Source: Economic Times
NEW DELHI: Tightening the noose around private PF trusts, retirement fund body EPFO has decided to use IT-driven monitoring mechanism to ensure improved compliance of EPF scheme by them. "It is proposed to take measures to effect an IT-driven monito...
Over Rs 22,636 cr lying in inoperative accounts in EPFO
Mar 04, 2013 at 19:52 | Source: The Hindu BusinessLine
New Delhi, Mar 4: More than Rs 22,636 crore is lying in inoperative accounts in the Employees Provident Fund, the Lok Sabha was informed today. In a written reply to a question, Minister of State for Labour and Employment Kodikunnil Suresh said the ...
Unclaimed, Rs 22,636 crore in dormant provident fund accounts
Mar 04, 2013 at 12:52 | Source: Economic Times
MUMBAI: If you thought every rupee was valued in these days of rising prices, think again. A huge sum of Rs 22,636 crore is lying in inoperative accounts with the Employee Provident Fund Organization (EFPO). These funds are linked to accounts that a...
Budget 2013 gives one more year to Provident Fund trusts to seek income tax exemption
Mar 02, 2013 at 09:27 | Source: Financial Express
With a large number of employees facing threat of losing income tax exemption on retirement benefits, Union Budget 2013 has proposed to extend the deadline for seeking exemption certificate by private Provident Fund trusts by one year till March 31,...
Budget 2013 gives one more year to PF trusts to seek I-T exemption
Mar 01, 2013 at 20:11 | Source: Economic Times
NEW DELHI: With a large number of employees facing threat of losing income tax waiver on retirement benefits, Union Budget 2013 has proposed to extend the deadline for seeking exemption certificate by private PF trusts by one year till March 31, 201...
EPFO raises interest rates for subscribers to 8.5% for 2012-13
Feb 26, 2013 at 07:17 | Source: Financial Express
Over five crore EPFO subscribers would get 8.5 per cent interest for their deposits for 2012-13, higher than 8.25 per cent disbursed in the previous financial year. After a board meeting of EPFO's apex decision making body the Central Board of Trust...
Provident fund to earn 8.5% interest in FY'13
Feb 26, 2013 at 05:57 | Source: Indian Express
Provident fund deposits are set to earn 8.5 per cent interest in 2012-13, slightly higher than the 8.25 per cent returns declared in the last fiscal. The decision was taken at the meeting of the Employees' Provident Fund Organisation's (EPFO) Central...
EPFO to pay 8.5% interest on PF deposits for 2012-13
Feb 26, 2013 at 01:57 | Source: Economic Times
NEW DELHI: Retirement fund body EPFO today decided to pay 8.5 per cent interest rate to its over five crore subscribers on their PF deposits for 2012-13, higher than 8.25 per cent provided in the previous fiscal. The decision was taken at the meetin...
Provident Fund subscribers to get 8.5% interest for 2012-13
Feb 26, 2013 at 01:25 | Source: DNA India
Over five crore provident funds (PF) subscribers would get 8.5% interest for their deposits for 2012-13, higher than 8.25% disbursed in the previous financial year. After a board meeting of EPFO s apex decision making body the Central Board of Truste...
EPFO to pay 8.5% interest on PF deposits for 2012-13
Feb 25, 2013 at 23:52 | Source: Zee Business
New Delhi: Over five crore PF subscribers would get 8.5 percent interest for their deposits for 2012-13, higher than 8.25 percent disbursed in the previous financial year.After a board meeting of EPFO's apex decision making body the Central Board of...
Provident Fund subscribers to get 8.5% interest for 2012-13
Feb 25, 2013 at 22:41 | Source: Indian Express
Over five crore PF subscribers would get 8.5 per cent interest for their deposits for 2012-13, higher than 8.25 per cent disbursed in the previous financial year. After a board meeting of EPFO's apex decision making body the Central Board of Trustees...
PF deposits to fetch 8.5% interest in 2012-13
Feb 25, 2013 at 19:11 | Source: Business Today
Retirement fund body EPFO on Monday decided to pay 8.5 per cent interest rate to its over five crore subscribers on their PF deposits for 2012-13, higher than 8.25 per cent provided in the previous fiscal.The decision was taken at the meeting of the...
EPFO may decide to pay 8.5 per cent rate for 2012-13, meeting on Feb 25
Feb 24, 2013 at 14:01 | Source: Business Today
The Employees' Provident Fund Organisation's (EPFO) trustees are likely to decide on Monday the payment of 8.5 per cent interest to its over five crore subscribers on their provident fund deposits for 2012-13, higher than 8.25 per cent provided in t...
PF interest may be hiked to 8.5% on Monday
Feb 24, 2013 at 12:52 | Source: India TV
New Delhi, Feb 24: Employees Provident Fund Organisation EPFO 's trustees are likely to decide on Monday the payment of 8.5 per cent interest to its over five crore subscribers on their PF deposits for 2012-13, higher than 8.25 per cent provide...
EPFO may decide to pay 8.5% rate for 2012-13
Feb 24, 2013 at 12:52 | Source: Economic Times
NEW DELHI: EPFO's trustees are likely to decide on Monday the payment of 8.5 per cent interest to its over five crore subscribers on their PF deposits for 2012-13, higher than 8.25 per cent provided in the previous fiscal. "... 8.5 per cent rate of ...
Feb 24, 2013 at 11:46 | Source: Business Today
A 25 per cent jump over your present salary… Is this sentence enticing enough to convince you to join a new company? Before deciding anything, it's better to wait for the 'offer letter'.In these times of tight budgets and cost control, compani...
With lofty returns and tax breaks, New Pension System ropes in 400 firms
Feb 21, 2013 at 14:31 | Source: Financial Express
The Pension Fund Regulatory and Development Authority (PFRDA)-regulated New Pension System (NPS) has roped in about 400 companies since December 2011, thanks to the 10-15% annual returns and tax breaks the scheme enjoys. The growing corporate enroll...
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