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EPFO may allow pledging PF contributions to buy low-cost house

Last Updated: Tuesday, September 8, 2015, 16:22

EPFO's trustees will consider a proposal to allow its subscribers to pledge their future PF contribution to buy low cost houses, in a meeting scheduled on September 16.

EPFO allows small firms to pay dues by cheques and drafts

Last Updated: Wednesday, August 19, 2015, 23:47

Giving a breather to small firms, retirement fund body EPFO has allowed employers, whose statutory contribution is less than Rs 1 lakh, to make payment through bank drafts, banker's cheques and local cheques till December this year.

EPFO may fix interest rate on PF deposits for FY16 early Sept

Last Updated: Wednesday, August 19, 2015, 22:51

Retirement fund body EPFO is likely to take a decision early next month on interest rate on PF deposits of its over six crore subscribers for 2015-16.

EPFO reviews online PF withdrawal plan after SC ruling

Last Updated: Tuesday, August 18, 2015, 14:18

Retirement fund body EPFO has decided to re-examine its plan to launch online PF withdrawal facility for its subscribers having Aadhaar enabled PF and bank accounts, in the backdrop of apex court ruling.

No more revenue stamp on PF withdrawal claims

Last Updated: Friday, August 14, 2015, 17:14

Retirement fund body EPFO has done away with the mandatory requirement of affixing one rupee revenue stamp on PF withdrawal claim forms.

PF settlement timeline revised from 30 to 20 days

Last Updated: Tuesday, August 11, 2015, 17:59

The timeline for settlement of Provident Fund, pension and insurance claims have revised from 30 days to 20 days. As a result, the claimants would now get speedier service in July.

`EPFO may invest more in equities next year`

Last Updated: Thursday, August 6, 2015, 14:23

The comments come as India`s Employees` Provident Fund Organisation (EPFO) said on Thursday it would invest in stocks this year for the first time.

Rs 6,000 crore EPF money to be invested in equities by March 2016

Last Updated: Monday, July 27, 2015, 18:11

About Rs 6,000 crore of EPF (Employees' Provident Fund) money would be invested in equities by March 2016 with a view to get higher returns, said Union Minister of State for Labour Bandaru Dattatreya Monday.

5 key things you should know about premature PF withdrawals

Last Updated: Saturday, July 25, 2015, 10:46

The Labour Ministry will soon issue a notification in this regard to amend the Employees' Provident Fund Scheme to cap the withdrawal.

Govt set to cap premature PF withdrawals at 75%

Last Updated: Friday, July 24, 2015, 19:21

The Labour Ministry is all set to cap premature provident fund withdrawal at 75 percent of total deposits in case an EPFO subscriber goes without a job for two months.

EPFO to launch online PF withdrawal facility in 3 months

Last Updated: Wednesday, July 22, 2015, 20:28

Retirement fund body EPFO is likely to launch the online PF withdrawals facility in next three months for the benefit of its over six crore subscribers.

Govt reduces claims settlement period by EPFO to 20 days

Last Updated: Wednesday, July 15, 2015, 20:02

EPFO has settled 11.06 lakh claims in June, 38 percent of these were settled within 3 days and 76 percent within 10 days.