Epf
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Employees Provident Fund rate cut marginally
Apr 25, 2016, 07:42 PM ISTNew Delhi: In a move that will affect some 15.84 crore contributors to the Employees Provident Fund scheme, the government has cut the interest rate for 2015-16 marginally to 8.7 percent from the recommended rate
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'My pressure worked': Rahul seeks credit for EPF tax rollback
National | Mar 08, 2016, 06:54 PM ISTNew Delhi: Congress Vice-President Rahul Gandhi on Tuesday sought credit for the government's rollback of proposed move to tax EPF withdrawals. In a series of tweets, Gandhi said the government was “forced” to listen to
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FM withdraws EPF tax proposal announced in Budget 2016
Mar 08, 2016, 02:51 PM ISTNew Delhi: Finance Minister Arun Jaitley today announced the rollback of his budgetary proposal that allowed a part of the Employees Provident Fund withdrawal to be be taxed. Jaitley made the statement in the parliament
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FICCI lauds decision to review EPF tax proposals
Mar 06, 2016, 07:23 PM ISTNew Delhi: Expressing its dismay over the union budget 2016-17 proposal to tax withdrawals from the Employees' Provident Fund (EPF) contributions, industry chamber FICCI today said it was, nevertheless, encouraged by the reports that Finance
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Rahul Gandhi demands rollback of proposed tax on EPF withdrawals
National | Mar 03, 2016, 02:41 PM ISTNew Delhi: Congress Vice President Rahul Gandhi today demanded the rollback of government's proposal to tax employee provident fund withdrawals."People work all their lives, and EPF is the safety net for them, and to destroy
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Facing flak, government says will reconsider tax on EPF withdrawals
Mar 02, 2016, 08:04 AM ISTNew Delhi: Under all-round attack following its Budget proposal to tax 60 per cent of withdrawals from provident fund and a ceiling on employers contribution, the government today promised to consider demands for a rollback of
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PPF withdrawal out of tax ambit ; only interest to be taxed in EPF: Govt
Mar 01, 2016, 01:38 PM ISTNew Delhi: Seeking to dispel fears of the salaried class, the government today clarified the popular public provident fund (PPF) scheme will continue to stay out of the tax ambit and that tax will be
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Opposition slams proposal to tax Provident tax, unions warn stir
India | Mar 01, 2016, 07:12 PM ISTNew Delhi: Modi government's decision to impose tax at the time of withdrawal on 60 per cent of the contributions made after April 1, 2016, to provident fund and other schemes,has evoked strong opposition from
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Cost is in favour of exchange traded funds: SEBI
Oct 26, 2015, 05:13 PM ISTMumbai: One of the positive points in favour of exchange traded funds (ETF) is their low cost of trading and time has come when along with Employee Provident Funds, other funds can look at ETFs, SEBI
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More than Rs 27000 crores of EPF unclaimed, know how to claim yours
Aug 29, 2015, 10:13 PM ISTEmployees contribute to Provident Fund for post retirement benefits. But when employees change jobs, some of them open a new EPF account and do not operate their old EPF account. As a result, that account
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Rs 27,000 crore lying unclaimed in EPF: Labour Minister
May 30, 2015, 08:40 PM ISTVijaywada: An amount of Rs 27,000 crore is lying as unclaimed in the Employee Provident Fund, Union minister of state for Labour, Bandaru Dattatreya said here today."A sum of RS 27,000 crore is lying as
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Know all about opening PPF account
May 28, 2015, 02:45 PM ISTNew Delhi: When we hear of PPF, we think of our office PF account where some money is reduced from our salary and transferred to our account. But you should know that apart from the
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Govt planning to shed off employee's contribution to EPF, employer's share to remain
Mar 13, 2015, 09:56 AM ISTNew Delhi: The law governing Employees Provident Fund (EPF) is soon to see drastic changes with government planning to discontinue mandatory 12% contribution by employees while retaining the outgo for employers, however, the arrangement will
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Firms with 10 or more employees may come under EPF Act
Jul 23, 2014, 05:34 PM ISTNew Delhi: The government is considering a proposal to reduce threshold limit for coverage of firms under the EPF Act to 10 persons.At present, all those firms employing 20 or more workers are covered by
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EPF interest rate will be raised to 8.6 pc this year, says Kharge
India | Apr 26, 2012, 11:19 PM ISTNew Delhi, Apr 26: Interest rate on employees' provident fund will be increased to 8.6 per cent for the current fiscal, a move which will benefit around five crore subscribers.“The rates were brought down due
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EPF Rate Cut From 9.5 Per Cent To 8.25 Per Cent For 2011-12
Mar 15, 2012, 11:10 PM ISTNew Delhi, Mar 15: Government today slashed interest rate on deposits in Employees Provident Fund from 9.5 per cent to 8.25 per cent for 2011-12 affecting over 4.7 crore subscribers.This cut was proposed by the