Tue, Oct 29, 2024
Employees’ Pension Scheme (EPS) was launched in 1995 to help employees get a monthly pension post retirement. Therefore, let’s check out what will be your monthly pension if you are 25 years old and have a pensionable service of 33 years.
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Mon, Oct 28, 2024
EPF Retirement Corpus: Employees' Provident Fund (EPF) is a retirement scheme for private sector employees, where they invest monthly and get a fixed interest rate on their investments. If they avail the full limit of EPF, not only can it become a good debt investment option, but it can also help them generate a tax-free retirement corpus.
Sun, Oct 20, 2024
EPFO enrolled around 9.30 lakh new members in August 2024, representing an increase of 0.48 per cent from August 2023, a labour ministry statement said.
Thu, Sep 29, 2016
Brushing aside strong opposition from the unions, Labour Ministry on Thursday doubled EPFO's investment limit in ETFs to 10% that will result in Rs 13,000 crore of the retirement fund body flowing into stock markets in the current fiscal.
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.
Tue, Sep 06, 2016
The Employees' State Insurance Corporation (ESIC) on Tuesday raised the monthly wage threshold to Rs 21,000, from the current Rs 15,000, for coverage under its health insurance scheme.
Fri, Sep 02, 2016
The Labour Ministry is actively considering proposal of a voluntary pension scheme mooted by the Employees' Provident Fund Organisation (EPFO), a senior government official has said.
Mon, Jun 06, 2016
Last year, EPFO invested Rs 6,700 crore in the stock markets and earned a return of 1.68%.
Tue, May 31, 2016
The government has raised the limit of the PF withdrawal for TDS to Rs 50,000 from Rs 30,000 earlier.
Fri, Apr 29, 2016
After the nationwide protest by trade unions against lowering of EPF interest rate, Labour Minister Bandaru Dattatreya on Friday said that Finance Ministry has agreed to give 8.8% interest on Employee Provident Fund (EPF).
Mon, Apr 25, 2016
Joy also informed his colleagues that EPFO proposes to launch a system of 'One Employee one EPF Account' on May 1.
Wed, Apr 20, 2016
The government's decision to tighten PF norms let to protests in Bengaluru which turned violent as protestors torched state transport buses and police vehicles
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