Last Updated: Monday, March 9, 2015, 20:16
Retirement fund body EPFO has settled 1.19 crore claims in the current fiscal year so far.
Last Updated: Monday, March 9, 2015, 17:03
The Employees' Provident Fund Organisation (EPFO) gave an average interest of 8.67 percent to its account holders in three years up to 2014-15.
Last Updated: Sunday, March 1, 2015, 21:59
In a market friendly move, the government will make it mandatory for non-government provident funds to invest a minimum of 5 percent of their investible funds in equity or equity related instruments.
Last Updated: Thursday, February 19, 2015, 19:49
A part of EPPO's Rs 6.5 lakh crore corpus may be used to set up Workers' Bank with the objective of maximising returns as well as providing easy credit, primarily to its members.
Last Updated: Thursday, February 19, 2015, 15:01
The Employees` Provident Fund Organisation (EPFO) has introduced an online helpdesk to help members trace out and settle "inoperative accounts", the labour ministry said Thursday.
Last Updated: Wednesday, February 18, 2015, 19:07
With a balance of Rs 27,000 crore lying in inoperative PF accounts, retirement fund body EPFO Wednesday set up an online help desk for subscribers to trace such accounts and seek final settlement.
Last Updated: Wednesday, February 18, 2015, 17:58
Retirement fund body EPFO is likely to appoint fund managers Thursday for a three year term from April 1 and raise age limit for vesting of pension by two years to 60.
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.
Last Updated: Thursday, January 22, 2015, 17:21
Retirement fund body EPFO plans to hold about 10 percent of subscriber money till they turn 50 for discouraging premature withdrawal of entire amount in PF account by members before their superannuation.
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.
Last Updated: Monday, January 12, 2015, 21:16
Retirement fund body EPFO has asked its field offices to identify the beneficiaries of inoperative PF accounts and settle those either by making payments, or transferring money to their active accounts.
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.
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