Sat, Nov 30, 2024
CBT approved a Redemption Policy for ETF investments in CPSE and Bharat 22 to generate income for the EPF Scheme's 'Interest Account.'
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Tue, Jul 19, 2022
EPFO is likely to approve this month a proposal to enhance its investments in equites to up to 20 per cent of the investible deposits.
Wed, Apr 19, 2017
EPF and tax-saving fixed deposits both earn a tax break of up to Rs 1.5 lakh under Section 80C of the Income Tax Act.
Sun, Apr 16, 2017
According to EPFO estimates, the fund will see a surplus after providing 8.65% interest rate for the last fiscal.
Mon, Dec 19, 2016
The Labour Ministry wanted to retain 8.8% for the current fiscal as well.
Mon, Sep 12, 2016
Over 4 crore EPFO subscribers may get a lower interest at a rate of 8.6 % on their PF deposits for current financial year as Labour Ministry is expected to toe the Finance Ministry line to cut the rate.
Wed, Aug 17, 2016
Retirement fund body, EPFO stated that its members will soon be able to mortgages their Provident Fund (PF) accounts for home loans. Employees Provident Fund Organisation (EPFO) expects to garner more returns through investment in home loans.
Tue, Jun 28, 2016
Minimum pension likely to be raised to Rs 1,250, the report added.
Fri, Apr 29, 2016
The trade unions including Indian National Trade Union Congress (INTUC), All India Trade Union Congress (AITUC), Centre of Indian Trade Unions (CITU) and All India United Trade Union Centre (AIUTUC) will join the protest.
Wed, Apr 27, 2016
A Finance Ministry source said the decision was based on "pure arithmetic calculation" and is aimed at ensuring sustainability of the EPFO.
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