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Employers, workers may shell out more for EPF contributions

Employers, workers may shell out more for EPF contributions

13 Mar 2015

New Delhi: Employers as well as formal sector workers may have to shell out more towards Employees' Provident Fund with the government proposing to include all allowances in the wages for deducting PF contribution.

EPFO,   Employees Provident Fund,   Provident Funds,   PF Contribution,  
EPFO's online PF withdrawal facility to take more time

EPFO's online PF withdrawal facility to take more time

15 Mar 2015

New Delhi: Over 5 crore members of EPFO will have to wait for a few months to be able to use the online PF withdrawal facility as the retirement fund body wants the system to be "fool proof".

EPFO,   Provident Fund,   Online PF withdrawal,   Aadhaar Card,   UIDAI,   Universal Account Number,  
EPFO asks its offices to focus on consumer forum cases

EPFO asks its offices to focus on consumer forum cases

01 Mar 2015

New Delhi: In view of rising complaints against it in district consumer forums, retirement fund body EPFO has asked its field formations to focus on these cases.

EPFO,   Consumer Forum,   Provident Fund,   Supreme Court ,  
IMF approves USD 6.6 billion for Pakistan in 3-year arrangement

IMF approves USD 6.6 billion for Pakistan in 3-year arrangement

28 Mar 2015

Islamabad: The IMF has approved giving USD 6.64 billion to Pakistan over three years to support the country's economic reforms and growth, saying it has "abundant potential" despite the challenges it faces, according to a media report on Saturday.

IMF approves Pakistan loan,   IMF loan,   Pakistan loan,   Pakistan economic growth,   Extended Fund Facility,  
Appointment of members in EPFAT: Delhi HC pulls up Centre

Appointment of members in EPFAT: Delhi HC pulls up Centre

18 Feb 2015

New Delhi: Delhi High Court on Wednesday rapped the government for moving at a snail's pace on the appointment of presiding officer and the staff of the Employees Provident Fund Appellate Tribunal (EPFAT) which was set up in 1997.

Delhi High Court,   EPFAT,   Employees Provident Fund Appellate Tribunal,   Ministry of Labour and Employment,   recruitment EPFAT,   members appointment EPFAT,  
RBI directs banks to report kisan vikas patra deals daily

RBI directs banks to report kisan vikas patra deals daily

09 Feb 2015

Mumbai: The Reserve Bank on Monday directed banks to report all kinds of Kisan Vikas Patra (KVP) transactions on a daily basis, failing which bank or their branches may face penal action, including de-authorisation.

Reserve Bank of India,   RBI,   Kisan Vikas Patra,   Public Provident Fund,   PPF,  
Centre mulls giving 90 percent afforestation <strong>fund</strong> to states

Centre mulls giving 90 percent afforestation fund to states

25 Mar 2015

Mumbai: In a bid to boost afforestation activities, the Centre is mulling to hand over 90 percent of the Rs 36,000-crore Compensatory Afforestation Management Fund directly to all the states, Union Minister Prakash Javadekar said.

Prakash Javadekar ,   afforestation fund,   afforestation,   BJP,   Environment Minister,  
Accel launches USD 305 million <strong>fund</strong> for Indian start ups

Accel launches USD 305 million fund for Indian start ups

25 Mar 2015

New Delhi: Venture capital major Accel Partners on Tuesday launched a new USD 305 million fund (about Rs 1,903.6 crore) that will invest in early stage Indian firms working in areas like mobile, enterprise software and healthcare.

Accel Partners,   Accel India IV,   Accel laucnhes fund,   Accel Indian start ups,   Indian start ups fund,  
Government decides to pay 8.75 percent interest on <strong>Provident</strong> <strong>Fund</strong> for current fiscal

Government decides to pay 8.75 percent interest on Provident Fund for current fiscal

19 Dec 2014

New Delhi: Over five crore provident fund subscribers governed by the EPFO will get 8.75 percent interest on their deposits for the current fiscal. The Finance Ministry has ratified the rate for 2014-15, after a decision was taken to retain the interest payout at this level by the Central Board of Trustees of the Employees' Provident Fund Organisation, sources said.

Government,   Interest,   Provident Fund,   Subscribers,   EPFO,  
EPFO set for major overhaul in new year

EPFO set for major overhaul in new year

22 Dec 2014

New Delhi: As a new year beckons, retirement fund body EPFO (Employees' Provident Fund Organisation) is set for a major overhaul in the way it manages the provident fund deposits of its over five crore subscribers.

Retirement fund,   EPFO,   Employees' Provident Fund,   Provident fund,   Deposits,  

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