'Centre could reduce or waive off PF dues'

Last Updated: Tuesday, December 23, 2014, 18:25

Government is proposing to amend Employees Provident Fund & Miscellaneous Provisions Act to enable the Centre to reduce or waive off mandatory provident fund contributions by employees in certain cases.

Govt decides to pay 8.75% interest on PF for 2014-15

Last Updated: Friday, December 19, 2014, 16:10

Over five crore provident fund subscribers governed by the EPFO will get 8.75 percent interest on their deposits for the current fiscal.

EPFO considering enhancing exposure in private sector bonds

Last Updated: Tuesday, December 9, 2014, 20:56

Retirement fund body EPFO trustees will consider a proposal to increase the limit for investment in private sector bonds from existing 10 percent to 15 percent in their meeting scheduled on December 19.

EPFO trustees to discuss equity investment proposal on Dec 19

Last Updated: Friday, December 5, 2014, 18:08

Retirement fund body EPFO will discuss a proposal to invest a part of its over Rs 6 lakh crore corpus in equities in the meeting of its trustees on December 19.

Retail inflation for industrial workers eases to 9.13% in Dec

Last Updated: Friday, January 31, 2014, 21:56

Retail inflation for industrial workers eased to 9.13 percent in December compared to 11.47 percent in November and 11.17 in the same month in 2012 on account of softening of prices of foods items.

EPFO trustees meet on Feb 5 to make Rs 1,000 pension a reality

Last Updated: Friday, January 24, 2014, 22:12

Retirement fund body EPFO's trustees on February 5 will decide on amending its scheme to provide a minimum monthly pension of Rs 1,000, which will immediately benefit its 27 lakh pensioners.

Provide universal A/c no to members to improve services: Oscar

Last Updated: Thursday, January 9, 2014, 21:12

Retirement fund manager EPFO needs to provide unique account number to its subscribers and improve its accounting for providing seamless services at par with banks, Labour Minister Oscar Fernandes said.

Oscar Fernandes gets additional charge of Labour Ministry

Last Updated: Monday, December 16, 2013, 14:26

Union Minister Oscar Fernandes was given the additional charge of Ministry of Labour and Employment following the death of Sis Ram Ola.

EPFO cannot invest funds in equities: Labour Ministry

Last Updated: Thursday, December 5, 2013, 19:17

The Labour Ministry has relaxed investment norms for retirement fund manager EPFO, but refrained from allowing the body to invest a part of its huge corpus of around Rs 5 lakh crore in equity markets.

India allows greater flexibility for pension fund investments

Last Updated: Wednesday, December 4, 2013, 14:44

However, India has not yet allowed the EPFO funds to be invested into equities.

One out of three young graduates unemployed in India: Report

Last Updated: Thursday, November 28, 2013, 21:25

In what would surely come as intriguing information for policy-makers, a Labour Ministry survey has found that with an increase in education levels in the country, the unemployment rate was also increasing across age groups.