24 Apr 2015
New Delhi: The government has allowed retirement fund body EPFO to invest 5 percent of its corpus in exchange traded funds which will result in an inflow of around Rs 5,000 crore to stock markets this fiscal.
01 May 2015
Bhopal: A local court has convicted 21 people for swindling more than Rs 73 lakh as claims fraudulently from Employees Provident Fund Organisation's (EPFO) office here a decade ago.
15 Apr 2015
New Delhi: Retirement fund manager EPFO has retained its existing four fund managers SBI, ICICI Securities Primary Dealership, Reliance Capital and HSBC AMC for a three-year term, starting April 1, 2015.
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.
31 Mar 2015
New Delhi: Investments in Sukanya Samriddhi Account, the special deposit scheme for girl child, will earn higher interest rate of 9.2 percent, while the rate on popular tax saving Public Provident Fund has been retained at 8.7 percent for 2015-16.
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.
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".
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.
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.
25 Nov 2014
New Delhi: Workers in building and construction sector face difficulties in retrieving their savings with retirement fund body EPFO due to frequent job changes but steps are being taken to deal with it, Parliament was informed on Tuesday.