Government may make UAN mandatory for EPFO subscribers

Last Updated: Tuesday, April 28, 2015, 21:55

The government is considering a proposal to make it mandatory to have Universal (portable PF) Account Number (UAN) for availing of benefits of schemes run by the Employees' Provident Fund Organisation (EPFO).

PM Modi meets pension fund managers, seeks investments

Last Updated: Thursday, April 16, 2015, 22:40

Prime Minister Narendra Modi today met managers of Canada's major pension funds and sought investments from them in India's infrastructure sector.

EPFO trustees to appoint new fund managers on March 31

Last Updated: Friday, March 20, 2015, 21:11

Retirement fund body EPFO is likely to appoint fund managers for a three-year term starting April 1 at its trustees' meet scheduled on March 31.

Employers, workers may shell out more for EPF contributions

Last Updated: Friday, March 13, 2015, 15:45

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.

China eyes new investment plan for $497 bn pension fund

Last Updated: Tuesday, March 10, 2015, 18:45

China is mulling a diversified investment plan for its whopping USD 497 billion pension fund to boost its value, amid worries about the low returns over the past years, a senior Chinese official Tuesday.

Budget 2015: How you can save tax upto Rs 4.44 lakhs using health insurance, pension fund

Last Updated: Saturday, February 28, 2015, 15:22

Arun Jaitley today proposed rationalization of various tax exemptions and incentives to reduce tax disputes and improve tax administration.

Govt to consider unions' reservations in EPF Act amendments

Last Updated: Wednesday, February 11, 2015, 22:29

Government will consider trade unions' reservations on a proposal that would enable the Centre to reduce or waive off mandatory PF contributions by employees in certain cases.

NPS subsidy: PFRDA chief seeks extension beyond FY17

Last Updated: Wednesday, February 4, 2015, 20:45

The pension fund regulator PFRDA has sought a time extension beyond the 2016-17 deadline for the government subsidy towards the 'Swavalamban' scheme so as to encourage more poor people to join the scheme.

PFRDA chief eyes 20% coverage of the poor by FY18

Last Updated: Wednesday, January 21, 2015, 23:40

Pension fund regulator PFRDA Wednesday said it aims at increasing pension coverage for the deprived section to 15-20 percent over the next few years.

Bill to empower centre to reduce, waive-off PF dues soon

Last Updated: Wednesday, January 21, 2015, 16:05

Government has firmed up amendments to Employees Provident Fund & Miscellaneous Provisions Act, to enable the centre to reduce or waive-off mandatory PF contributions by employees in certain cases.

Premium for product in lieu of EDLI need not be 0.5% of wages

Last Updated: Wednesday, December 24, 2014, 15:21

This directive will facilitate employers to buy group insurance schemes for their workers from insurance companies at a price lower than 0.5 percent of wages as required under EDLI.

PFRDA proposes up to 25% withdrawal from NPS after 10 years

Last Updated: Sunday, January 19, 2014, 15:26

Pension regulator PFRDA has proposed allowing subscribers of National Pension System (NPS) to withdraw up to 25 percent of accumulated funds for meeting medical treatment expenses, higher education of children, marriage of daughters and house purchase.