Epfo
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Unions fume over suspension of Rs1,000 minimum monthly pension
India | Apr 10, 2015, 07:30 PM ISTNew Delhi: Trade unions are up in arms against the government for suspending Rs 1,000 minimum monthly pension scheme, which was announced by Prime Minister Narendra Modi, from this month."All central trade unions would take
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EPFO suspends Rs 1,000 minimum monthly pension scheme
Apr 10, 2015, 06:44 AM ISTNew Delhi: Retirement fund body Employees Provident Fund Organisation (EPFO) has suspended the Rs 1,000 minimum monthly pension scheme from this month, a decision which will hit about 32 lakh pensioners. The scheme was launched with
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Age limit under EPFO pension scheme may be raised to 60
Feb 15, 2015, 05:39 PM ISTNew Delhi: Retirement fund body EPFO's trustees in a meeting on Thursday will consider a proposal to raise the age limit from 58 to 60 years for vesting of pension under the Employees' Pension Scheme
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EPF: Centre mulls reducing employee contribution to 10 % from existing 12 %
Jan 22, 2015, 02:09 PM ISTNew Delhi: The Central government is considering reducing provident fund (PF) contribution to 10 per cent from existing 12 per cent of basic wages.It is also likely that the government would waive-off mandatory PF contributions
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EPFO set for major overhaul in 2015
Dec 22, 2014, 04:37 PM ISTNew Delhi: As a new year beckons, retirement fund body EPFO (Employees' Provident Fund Organisation) is set for a major overhaul in the way it manages the provident fund deposits of its over five crore
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EPFO to float tender for engaging new fund managers
Dec 08, 2014, 07:55 AM ISTNew Delhi: Retirement fund body EPFO will float a tender on December 9 for appointment of new fund managers for a term of three years beginning April 1, 2015."The process is initiated to publish the
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Rs 120 crore package for J&K flood victims: Najma Heptulla
India | Oct 01, 2014, 07:20 AM ISTShimla: The Ministry for Minority Affairs has announced a package of Rs 120 crore for flood victims in Jammu and Kashmir.Addressing a press conference here,Union Minority Affairs minister Najma Heptulla here yesterday said that the
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EPFO not considering any proposal to invest in stock markets
Sep 17, 2014, 05:21 PM ISTNew Delhi: Retirement fund manager EPFO today said that it is not considering any proposal to invest a part of its huge corpus of around Rs 6 lakh crore in stock markets."We are not considering
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EPFO seeks feedback on facility for workers going abroad
May 19, 2014, 10:09 PM ISTNew Delhi: Retirement fund body EPFO has asked its field offices to seek feedback on its recently launched facility for workers from big employers such as TCS, Infosys, PWC, Bosch and HCL going on foreign
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EPFO settles 98% claims in mandated 30 days in April
May 05, 2014, 05:11 PM ISTNew Delhi: Retirement fund body Employees' Provident Fund Organisation (EPFO) today said it has settled 98 per cent claims including withdrawal and transfer of PF within mandated 30 days period in April. “In the claims settlement
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EPFO to provide all benefits through e-mode by September
Apr 17, 2014, 04:40 PM ISTNew Delhi: Retirement fund body EPFO has decided to make all payments to its beneficiaries through electronic mode from September this year, including provident fund claims.“The Employees' Provident Fund Organisation has decided to make 100
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EPFO makes e-return mandatory for private PF trusts
Mar 30, 2014, 06:44 PM ISTNew Delhi: Retirement fund body EPFO has made it mandatory for private provident fund trusts to file their returns online every month from April this year to improve the monitoring of these employers. “(Private PF trusts)
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PF body to provide permanent account number from October
Mar 25, 2014, 07:30 PM ISTNew Delhi: Retirement fund body EPFO will start providing permanent account numbers on the pattern of core banking services to its over five crore subscribers from October this year. Permanent or universal account number (UAN) will
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Centre may approve Rs 1,000 minimum pension from this month
India | Jan 14, 2014, 06:16 PM ISTNew Delhi: Ahead of Lok Sabha polls, the government is likely to approve this month a proposal that will entitle formal sector workers a minimum monthly pension of Rs 1,000, immediately benefiting 27 lakh pensioners.Those
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EPFO to decide interest rate on Jan 13
India | Dec 23, 2013, 05:54 PM ISTNew Delhi: Retirement fund body EPFO has rescheduled the meet of trustees to January 13 when it will announce interest rate on PF deposits for 2013-14 and may offer its over 5 crore subscribers a
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EPFO to pay at least 8.5% interest this fiscal
Nov 17, 2013, 04:17 PM ISTNew Delhi: Retirement fund body EPFO will pay at least 8.5 per cent rate of return on PF deposits for 2013-14 to its over 5 crore subscribers as provided in the previous fiscal and the
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Property attached by EPFO cannot be sold by establishments: HC
India | Oct 06, 2013, 06:49 AM ISTChennai: Madras High Court has held that a property attached under the Employees Provident Fund (EPF) Act for non-payment of provident fund arrears cannot be alienated or sold by the defaulting industrial establishment and such
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EPFO launches facility to view PF accounts online
Sep 06, 2013, 02:25 PM ISTNew Delhi: Retirement fund manager EPFO has launched a facility to enable its over 5 crore subscribers view updated accounts online on real time basis without waiting for their annual PF account slips. Besides this,
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EPFO launches facility to view PF A/Cs online
India | Sep 06, 2013, 02:21 PM ISTNew Delhi: Retirement fund manager EPFO today launched a facility to enable its over 5 crore subscribers view updated accounts online on real time basis without waiting for their annual PF account slips. Besides this,
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EPFO to launch online facility to view updated accounts
Aug 28, 2013, 04:37 PM ISTNew Delhi: Retirement fund manager EPFO is all set to launch a facility to provide online updated account statements on real time basis for its over 5 crore subscribers soon after the Monsoon session of