Vishal Dhawan, founder and CEO, Plan Ahead Wealth Advisors, joins in to share his thoughts on retirement planning.
The subscribers of the Employees Provident Fund Organisation (EPFO), will now be able to withdraw up to 90 per cent of their accumulations in their PF account, for purchase of homes. The EPFO has R
Retirement fund body EPFO has extended deadline for payment of EPF contributions by five days till January 20 in view of difficulties being faced by firms in filing EFF returns online due to technical issues.
Retirement fund body EPFO has made it mandatory for its about 50 lakh pensioners and around four crore subscribers to provide either Aadhaar or a proof that they have applied for it till month-end to remain the beneficiary of its social security schemes.
Retirement fund body EPFO today formally launched the Employees Enrolment Campaign, 2017, to encourage firms to enroll their employees under its schemes at nominal damages of Rupee one per annum.
Encouraging firms to enrol their workers under schemes run by retirement fund body EPFO, a 3-month campaign has been launched beginning January 1 where employers will get amnesty and pay just Re 1 as damages for not registering their employees earlier.
The Employees‘ Provident Fund Organisation (EPFO), has revealed that it is working on a housing scheme, which will enable its subscribers to pledge their PF accumulations to buy homes and pay home loan EMIs R
Labour Ministry and central trade unions are at loggerheads over raising the investments of retirement fund body EPFO in stock markets through Exchange Traded Funds (ETFs)
Retirement fund body EPFO will on July 7 take a decision on increasing investments in stock markets through ETFs, as they have started giving returns, Labour Minister Bandaru Dattatreya said on June 28
Retirement fund body EPFO may soon allow its subscribers to contribute voluntarily towards its pension scheme in addition to their employers' mandatory contributions
Though group policies offer health insurance to individuals employed with certain employers, there are reasons why one should buy a policy for himself and his family.
"There is a possibility of giving higher rate of interest this year (2015-16). Our talks with Finance Ministry on the issue are on," Dattatreya said after the meeting of the EPFO's apex decision making body - the Central Board of Trustees (CBT).
Welcoming the EPFO decision to invest five percent of its incremental deposits into capital markets through Exchange Traded Funds (ETFs), Sebi chairman UK Sinha said other pension funds should also look at investing in markets.
EPFO responded to 16,586 grievances in September which resulted in reducing total number of grievances to around 6,000. The earlier number was more than 25,000. It is also relevant that 101 of the 123 offices have no grievance pending for more than a month.
Retirement fund body EPFO wants defaults on PF remittance by companies to come under economic offences, a top official said today.
Faced with criticism for slashing interest rate on deposits by 1.25% for 2011-12, the retirement fund body EPFO may raise it to 8.6% for this fiscal to benefit about 5 crore subscribers.
Retirement fund body EPFO today said its corpus of about Rs 3.5 lakh crore will now be managed only by one of the existing fund manger, SBI, for a three month period ending June 30 as an interim arrangement.