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EPFO

EPFO Calculator: Know how on Rs 16,000 basic salary you can accumulate over Rs 1.5 crore corpus at retirement

EPFO Calculator: Know how on Rs 16,000 basic salary you can accumulate over Rs 1.5 crore corpus at retirement

Wed, Nov 20, 2024

EPFO assigns each member a 12-digit number known as the UAN (universal account number). Even if an employee changes employers, his or her UAN remains the same.

EPF Interest Calculator: How much retirement corpus one can build with monthly EPF contributions of Rs 3,500, Rs 7,000, and Rs 10,500

EPF Interest Calculator: How much retirement corpus one can build with monthly EPF contributions of Rs 3,500, Rs 7,000, and Rs 10,500

Mon, Nov 18, 2024

EPF Retirement Corpus Calculator: Employees' Provident Fund (EPF) is a slow and steady process to generate retirement corpus. While one gets tax benefits on deposits, the interest earned and the retirement corpus are also tax-free.

EPF Retirement Corpus Calculator: How much fund can you generate with starting basic salary of Rs 15,000, Rs 20,000, or Rs 25,000? Know here

EPF Retirement Corpus Calculator: How much fund can you generate with starting basic salary of Rs 15,000, Rs 20,000, or Rs 25,000? Know here

Mon, Nov 11, 2024

EPF Retirement Corpus: Employees' Provident Fund (EPF) is a popular scheme to create a retirement corpus. Private sector employees can invest monthly to generate a tax-free corpus that can help them achieve retirement financial goals.

TRENDING NOW

Labour Ministry wants to retain 8.8% interest on EPF for FY17

Labour Ministry wants to retain 8.8% interest on EPF for FY17

Thu, Dec 15, 2016

The Labour Ministry is pitching for retaining 8.8 % interest rate on EPF deposits of over 4 crore subscribers of the retirement fund body EPFO for 2016-17 and trying to bring the Finance Ministry on board.

Govt weighing hike in EPFO wage ceiling to Rs 25,000

Govt weighing hike in EPFO wage ceiling to Rs 25,000

Mon, Dec 05, 2016

Despite being pressed by trade unions on different fora, the government has not taken a decision in this regard, especially when it has already increased threshold for coverage under the Employees' State Insurance Scheme (ESI) to Rs 21,000 per month in October last year.

EPFO invests Rs 9,723-crore in ETFs, earns 9.17% absolute return

EPFO invests Rs 9,723-crore in ETFs, earns 9.17% absolute return

Mon, Nov 28, 2016

Retirement fund body EPFO has invested Rs 9,723 crore in exchange traded funds (ETFs) till October this year while absolute return on these investments was 9.17%, Parliament was informed on Monday.

Govt to issue notification on interest of 8.8% on 'inoperative' PF accounts

Govt to issue notification on interest of 8.8% on 'inoperative' PF accounts

Tue, Nov 01, 2016

The Government of India will soon issue a notification authorising retirement fund body Employees Provident Fund Organisation (EPFO) to pay 8.8% interest to 'inoperative' accounts, said Union Labour Minister Bandaru Dattatreya on Monday.

EPFO to launch Aadhaar-linked PF withdrawal, pension services by end of FY17

EPFO to launch Aadhaar-linked PF withdrawal, pension services by end of FY17

Fri, Sep 30, 2016

Retirement fund body EPFO will launch a host of Aadhaar-linked online services such as Provident Fund (PF) withdrawal and pension fixation for its 4 crore subscribers by the end of this fiscal.

EPFO to invest Rs 13,000 crore in ETFs in FY17: Bandaru Dattatreya

EPFO to invest Rs 13,000 crore in ETFs in FY17: Bandaru Dattatreya

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.

EPFO subscribers may get 8.6% interest in 2016-17

EPFO subscribers may get 8.6% interest in 2016-17

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.

ESIC hikes monthly wage threshold to Rs 21,000: Bandaru Dattatreya

ESIC hikes monthly wage threshold to Rs 21,000: Bandaru Dattatreya

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.

'Govt considering EPFO's voluntary pension scheme proposal'

'Govt considering EPFO's voluntary pension scheme proposal'

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.

EPFO to invest more than Rs 6700 crore in equity markets this year

EPFO to invest more than Rs 6700 crore in equity markets this year

Mon, Jun 06, 2016

Last year, EPFO invested Rs 6,700 crore in the stock markets and earned a return of 1.68%.

Now, no TDS on Rs 50,000 PF withdrawal from tomorrow

Now, no TDS on Rs 50,000 PF withdrawal from tomorrow

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.

Finance Ministry agrees to give 8.8% interest on EPF: Bandaru Dattatreya

Finance Ministry agrees to give 8.8% interest on EPF: Bandaru Dattatreya

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).

EPFO bats for 'One Employee One EPF Account'

EPFO bats for 'One Employee One EPF Account'

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.

Trade unions accuse govt of unilaterally tightening PF withdrawal norms

Trade unions accuse govt of unilaterally tightening PF withdrawal norms

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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