Epf
-
EPFO likely to declare rate of interest on EPF deposits for 2020-21 on March 4
India | Feb 16, 2021, 02:52 PM ISTRetirement fund body EPFO is likely to announce the rate of interest on provident fund deposits for the financial year 2020-21, on March 4, when its Central Board of Trustees will meet at Srinagar.
-
Good news! EPFO begins crediting 8.5% interest rate for over 6 crore members. Check details
Business | Dec 31, 2020, 05:25 PM ISTIn what comes as pleasant news with the beginning of 2021, retirement fund body EPFO on Thursday began crediting 8.5 percent rate of interest on employees' provident fund (EPF) for 2019-20 for its over six crore members.
-
Cabinet extends EPF support for small businesses for 3 months, to benefit 72 lakh employees
Business | Jul 08, 2020, 05:29 PM ISTThe Union Cabinet on Wednesday approved the proposal to extend the scheme for payment of the employer and employee's PF contribution for three months until August, as part of the package announced by the Government under Pradhan Mantri Garib Kalyan Yojana (PMGKY)/ Aatmanirbhar Bharat in the light of COVID-19 Pandemic.
-
Employees' PF contribution can go higher than 10%, not of employers: Labour ministry
Business | May 19, 2020, 11:28 PM ISTThe labour ministry on Tuesday said employees can contribute more than the newly set limit of 10 per cent of basic wages to their provident fund (PF) for the next three months, but employers don't need to match the higher contribution.
-
EPF-scam: UP Power min minister defamation notice on PCC chief
India | Nov 07, 2019, 07:29 PM ISTIn case Lallu does not offer an apology, a case will be registered against him under the IPC, the minister warned.
-
Two officials sent to 3-day police remand in EPF scam
India | Nov 07, 2019, 09:37 AM ISTThe officials accused in the scam invested over 4122 crore rupees of PF money into Deewan Housing Finance Limited (DHFL). However, Rs 2267 crore of the EPF money is still with the company after the Bombay High Court stayed the payments of DHFL.
-
UPPCL EPF scam: Priyanka questions BJP, UP govt's complicity
India | Nov 05, 2019, 12:38 PM ISTReferring to the FIR and minutes of the meeting of the UP State Power Sector Employees Trust, leaders of UP Power Employees' Joint Committee said the decision to invest the hard-earned money of the employees in a shady company was taken on March 24, 2017, five days after Yogi Adityanath took oath as the Chief Minister of Uttar Pradesh.
-
EPF scam: Ex-UPPCL MD Mishra arrested
India | Nov 05, 2019, 11:01 AM ISTTwo senior officials -- the trust secretary P. K. Gupta and director finance Sudhanshu Dwiwedi-were also arrested late Saturday night.
-
11 Essentials of Employees’ Provident Fund (EPF)
Brand Content | Oct 31, 2019, 03:43 PM ISTThe employee has to contribute 12% of the sum of basic salary, dearness allowance and retaining allowance under the EPF scheme.
-
Good News! PF interest to be credited before festive season
Business | Sep 23, 2019, 03:13 PM ISTEPFO Notification: There is good news ahead of the festive season, for all the employees who are linked with the Employees’ Provident Fund Organisation (EPFO). The EPFO employees are entitled to receive the interest amount ahead of Dussehra and Diwali festivals.
-
EPFO: PF e-nomination facility for employees' launched. Get details
Business | Sep 19, 2019, 07:57 PM ISTProvident Fund alert! There's good news for salaried who have EPF account as the Employees’ Provident Fund Organization (EPFO) has now started online e-nomination facility for subscribers on its website. To be noted, filing e-nomination will help users to easily file an online pension claim at the required time.
-
Govt approves 8.65% interest rate; over 6 cr EPFO members to benefit
Business | Sep 19, 2019, 04:41 PM ISTThe government on Thursday approved 8.65 per cent interest rate on employees provident fund for 2018-19, news agency PTI quoted sources as saying. Over 6 crore EPFO subscribers are set to benefit with this move. Amounts will be credited to the accounts of these EPFO members.
-
EPF withdrawal: ALERT! Do you have Provident Fund account? Don't do this or you may land in trouble
Business | Aug 30, 2019, 03:43 PM ISTEPF Withdrawal: Employees Provident Fund for the salaried is very valuable. For employed it works like a savings bank account as individuals a portion of salary accumulates in the account as well as provides interest. However, the interest it provides is much, much higher than what any bank savings account gives.
-
BIG news for lakhs of pensioners, EPF restores commuted value of pension after 15 years
Business | Aug 22, 2019, 02:07 PM ISTGood news for pensioners! In a major decision, the government on Thursday approved a proposal to recommend restoration of commuted value of pension after 15 years. This pertains to a related amendment in the Employees ' Pension Scheme (EPS) 1995. This was a long pending demand of the pensioners.
-
PF Money withdrawal: Step-by-step guide to do it online
Fyi | Jul 20, 2019, 01:21 PM ISTProvident fund (PF) or pension fund is to provide employees with lump-sum payments at the time of exit from their place of employment. EPF is also called the Employee Provident Fund Scheme.
-
PF Money: EPFO rule changes you must know in order to apply for Provident Fund withdrawal
Business | Jul 19, 2019, 02:17 PM ISTThe EPFO has changed the rule of the withdrawal of the provident fund online. Provident fund or pension fund is to provide employees with lump-sum payments at the time of exit from their place of employment.
-
11 Essentials of Employees’ Provident Fund (EPF)
Jun 20, 2019, 04:44 PM ISTThe employee has to contribute 12% of the sum of basic salary, dearness allowance and retaining allowance under the EPF scheme.
-
Ministry of Finance approves 8.65 pc interest rate on EPF for 2016-17
Apr 20, 2017, 02:34 PM ISTUnion Labour Minister Bandaru Dattatreya today said that the Finance Ministry has approved 8.65 per cent interest rate on Employees’ Provident Fund (EPF) for 2016-17.
-
You can soon withdraw 90 per cent of PF to buy your dream home
India | Mar 16, 2017, 09:30 AM ISTGovt has decided to amend Employees' Provident Fund (EPF) scheme so that around 4 crore employees could withdraw up to 90 per cent of their fund for making down payments while buying homes.
-
Decision on increasing EPFO investment in ETFs on July 7
Jun 26, 2016, 05:26 PM ISTHyderabad: Union Labour Minister Bandaru Dattatreya has indicated that retirement fund body EPFO’s investments in Exchange Traded Funds (ETFs) would be increased and a decision would be taken at the Central Board of Trustees meeting