EPF interest rate will be raised to 8.6% this year

Last Updated: Thursday, April 26, 2012, 19:56

Interest rate on employees' provident fund will be increased to 8.6 per cent for the current fiscal, a move which will benefit around five crore subscribers.

Cut in EPF rate, a demand of time: Labour Minister

Last Updated: Monday, March 19, 2012, 20:16

Dismissing suggestions that the UPA Govt is "anti-worker", Labour Minister Mallikarjun Kharge said the decision to reduce the interest rate on PF.

Rate reduction in EPF resented in Rajya Sabha

Last Updated: Monday, March 19, 2012, 16:41

The slashing of EPF interest by 1.25 percent was on Monday strongly resented by members in the Rajya Sabha with opposition demanding higher interest rate.

Opposition uproar over EPF interest cut

Last Updated: Friday, March 16, 2012, 16:08

Left and BJP members along with some other opposition MPs were on their feet as soon as Mukherjee started reading his Budget speech.

EPF rate cut from 9.5% to 8.25% for 2011-12

Last Updated: Thursday, March 15, 2012, 22:59

Government Thursday slashed interest rate on deposits in Employees Provident Fund from 9.5 percent to 8.25 percent for 2011-12 affecting over 4.7 crore subscribers.

India picks HSBC, 3 others for $79 bn EPF

Last Updated: Thursday, July 14, 2011, 22:00

India's 3.5 trillion rupee (USD 79 billion) Employee Provident Fund will be managed by State Bank of India and the asset management units of HSBC, ICICI Bank and Reliance Capital, a government official said.

Par Panel displeased over delay in revising EPF wage ceiling

Last Updated: Thursday, March 4, 2010, 21:57

The Parliamentary Standing Committee on Labour, which has recommended an upward revision of wage ceiling under EPF scheme, today expressed displeasure over the Labour Ministry`s "unwarranted" delay in implementing it.