24 Jul 2014
New Delhi: Retirement fund body EPFO may take a decision on rate of interest on PF deposits to be provided for current fiscal to its over 5 crore subscribers, in its trustees meet scheduled next month.
23 Jul 2014
New Delhi: Retirement fund body EPFO has asked its field staff to take steps for enforcing government's decision of raising wage ceiling to Rs 15,000 to cover the organised sector workers under the social security net.
07 Jul 2014
New Delhi: Retirement fund body Employees’ Provident Fund Organisation (EPFO) settled 11.94 lakh claims last month, with 34 percent of these being settled within three days.
07 Jul 2014
New Delhi: The government has approved minimum monthly pension of Rs 1,000 under Employees Pension Scheme 1995 (EPS-95) run by the retirement body Employees' Provident Fund Organisation (EPFO). The decision of the government would immediately benefit 28 lakh pensioners including 5 lakh widows getting less than Rs 1000 as pension every month. In all, there are 44 lakh pensioners under the EPS-95 scheme.
01 Jul 2014
New Delhi: Seeking to boost household savings, the Finance Ministry is considering doubling the exemption limit for investments by individuals in financial instruments to Rs 2 lakh.
19 Jul 2014
New Delhi: Major changes are in the offing in the way the PM's National Relief Fund is managed as Prime Minister Narendra Modi on Saturday directed that the Gujarat model should be emulated in selection of beneficiaries, giving priority to the poor and children.
22 May 2014
New Delhi: Retirement fund body Central Provident Fund Commissioner (EPFO) has asked over 120 field offices to settle claims, including PF withdrawal and pension, within 20 days as against the mandated 30-day time frame.
18 Jul 2014
New Delhi: HDFC Property Fund, a part of financial sector conglomerate HDFC group, on Friday announced the closure of USD 250 million international funds focused on investing in Indian real estate.
15 Apr 2014
New Delhi: Organized sector employees going abroad for offshore work can now fill their PF details online for seeking the Certificate of Coverage -- which attests that the person concerned is covered under social security schemes, and get it in three working days.
07 Apr 2014
New Delhi: Trade unions will approach the Election Commission against the government decision to reject the proposal to club allowances with basic pay for PF deductions.