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: Saturday, February 28, 2015, 15:33
The Union Finance Minister Arun Jaitley on Saturday announced in his Budget speech that with respect to Employees Provident Fund (EPF), the employee needs to be provided two options.
Last Updated: Wednesday, February 25, 2015, 15:30
Retirement fund body EPFO is likely to appoint fund managers on March 11 for a three year term from April 1 and raise age limit for vesting of pension by two years to 60.
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: Thursday, February 19, 2015, 09:02
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 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
Last Updated: Wednesday, February 18, 2015, 16:13
Delhi High Court on Wednesday rapped the government for moving at a snail's pace on the appointment of presiding officer and the staff of the Employees Provident Fund Appellate Tribunal (EPFAT) which was set up in 1997.
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.
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